OPM fell 20 basis points to 26.3% which saw OP stagnant at Rs 10037 crore.
Other income grew 40% to Rs 1675 crore and interest cost rose 818% to Rs 257 crore. After providing for depreciation (up 52% to Rs 817 crore), PBT fell 1% to Rs 10638 crore.
Provision for taxation fell 3% to Rs 2485 crore, after which PAT stagnated at Rs 8153 crore against Rs 8152 crore.
Minority interest (MI) fell 15% to Rs 22 crore. Thus net profit stood at Rs 8131 crore against Rs 8126 crore.
YoY quarterly results
On yoy basis TCS registered 11% rise in sales. OPM fell 20 basis points which saw OP grow 11%. PBT grew 9% and net profit was up 11%.
FY 2019 results
In FY 2019 TCS registered 19% rise in consolidated sales to Rs 146463 crore.
OPM improved 60 basis points to 27.0% which saw OP rise 21% to Rs 39506 crore.
PBT went up 22% to Rs 41563 crore.
Minority interest (MI) grew 67% to Rs 90 crore. Thus net profit grew 22% to Rs 31472 crore.
Valuation
The stock trades at Rs 2131.
TCS: Consolidated Results
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