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TCS Q4 Results: Net profit at ₹12,434 crore, revenue at ₹61,237 crore
Livemint
·
1y ago
Medial
TCS, India's largest software services exporter, has reported fourth-quarter earnings with a revenue of ₹61,237 crore and a PAT increase of 9.1% YoY to ₹12,434 crore. The company also announced a dividend of ₹28 per share. Further updates are expected.
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Related News
TCS Dividend: Board recommends final dividend of ₹28/share; check details
Livemint
·
1y ago
Medial
Tata Consultancy Services (TCS) reported its Q4 results for fiscal year 2023-24, with a 9% increase in net profit to ₹12,240 crore and a 3.5% YoY rise in revenue to ₹61,237 crore. The company also announced a recommended final dividend of ₹28 per equity share. TCS achieved an all-time high order book of $42.7 billion for the fiscal year and $13.2 billion for Q4. The CEO and Managing Director, K Krithivasan, highlighted the company's strong performance and its ability to support customers in uncertain times. TCS shares have gained 6% this year.
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TCS top performers receive double-digit hike, attrition cools to 12.5%
Livemint
·
1y ago
Medial
Tata Consultancy Services (TCS), India's largest IT company, has reported a decline in its attrition rate to 12.5% in the fourth quarter, improving from the previous quarter's rate of 13.1%. The company also announced double-digit annual increments for its top performing employees. However, TCS has experienced a decline in its total headcount. In terms of financial performance, TCS recorded a net profit of ₹12,434 crore in the fourth quarter, representing a year-on-year growth of 9.1%.
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Tata Group doubles revenue, triples profit and market cap in five years with Rs 5.5 lakh crore ‘future fit’ push: N Chandrasekaran
Economic Times
·
16d ago
Medial
Tata Group, under Chairman N Chandrasekaran, nearly doubled its revenue and more than tripled its net profit and market capitalization over five years by investing ₹5.5 lakh crore to become "future fit". The group's FY25 revenue reached ₹15.34 lakh crore with a net profit of ₹1.13 lakh crore and a market cap of ₹37.84 lakh crore. TCS remained the major profit contributor, and Tata Sons’ revenue rose by 24% despite a dip in net profit.
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TCS puts April salary hikes on hold, cites economic uncertainty, tariff concerns
Business Today
·
4m ago
Medial
Tata Consultancy Services (TCS) delayed its annual salary hike, initially planned for April, due to macroeconomic uncertainties and concerns over the US tariff environment. Despite the hold on wage increases, TCS will maintain quarterly variable payouts, with 70% of employees receiving full eligible variable pay, while others will see payouts based on business performance. In its Q4 results, TCS reported a 2% profit decline to Rs 12,224 crore and announced a Rs 30 dividend.
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Infosys dividend: IT major declares final dividend of ₹28 per equity share
Livemint
·
1y ago
Medial
Infosys declared its Q4 FY24 results and announced a final dividend of ₹20 per equity share and a special dividend of ₹8 per share. The company reported a net profit of ₹7,969 crore in the March quarter and revenue of ₹37,923 crore. The record date for dividend payment is May 31, 2024, and the payment will be made on July 1, 2024. Infosys' operating margin declined to 20.1% in Q4 FY24.
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In slow December quarter, TCS beats Infosys
Livemint
·
1y ago
Medial
Tata Consultancy Services (TCS) has outperformed Infosys in the December quarter as its revenue rose by 1% sequentially, beating profit estimates. A significant portion of TCS's growth was driven by a large contract with BSNL. However, both TCS and Infosys are at risk of registering their slowest annual growth due to the global economic slowdown. Additionally, the combined workforce of both companies declined by 11,781 employees during the quarter. TCS reported a revenue of $7.28 billion and a net profit of $1.41 billion, while Infosys reported revenue of $4.66 billion and a net profit of $733 million.
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CarTrade posts Rs 169 Cr revenue in Q4 FY25, profit jumps 2X
Entrackr
·
3m ago
Medial
CarTrade has released its financial results for the fourth quarter of the last fiscal year (Q4 FY25) on Wednesday. The company reported a 17% year-on-year revenue growth compared to Q4 FY24, with profit doubling in the same time period. CarTrade’s revenue from operations grew 17% to Rs 169 crore in Q4 FY25 in contrast to Rs 145 crore in Q4 FY24, as per the firm’s unaudited consolidated financial results sourced from the National Stock Exchange. For the full fiscal year ending March 2025, CarTrade’s revenue rose 31% to Rs 641 crore. Including other undisclosed income, its total income for Q4 FY25 grew to Rs 189 crore, up from Rs 161 crore in Q4 FY24. The Mumbai-based company operates in three segments: Consumer, Remarketing, and Classifieds. Income from the consumer segment formed 37% of the total operating revenue which increased to Rs 63 crore in Q4 FY25 from Rs 49 crore in Q4 FY24. Income from the remarketing and classified segment stood at Rs 59 crore and Rs 47 crore, respectively, in the fourth quarter of the ongoing fiscal year. During the full fiscal year (FY25), income from the consumer segment stood at Rs 238 crore, whereas collection from the remarketing and classified segment stood at Rs 212 crore and Rs 192 crore, respectively. On the expense front, employee benefits expenses formed 52% of the overall spending which went up a modest 6% to Rs 71 crore during the period. Including other costs, CarTrade’s overall expenses increased 4% to Rs 136 crore in Q4 FY25 from Rs 131 crore during Q4 FY24. On a fiscal-on-fiscal year basis, its overall expenses increased to Rs 543 crore in the last fiscal year from Rs 457 crore in FY24. The decent growth and controlled spending enabled CarTrade to double its net profit to Rs 46 crore in Q4 FY25, compared to Rs 23 crore in Q4 FY24. On a fiscal basis, the company’s profit spiked to Rs 145 crore in FY25. CarTrade recorded a 5.8% hike in its share price today and is trading at Rs 1,721 (as of 12:50) with a total market capitalization of Rs 8,168 crore.
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Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6%
Entrackr
·
2m ago
Medial
Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6% Logistics company Delhivery announced its Q4 FY25 results on Friday, reporting a 6% year-on-year increase in revenue. The Gurugram-based firm also reported a profit of Rs 72 crore during the same period. Delhivery’s revenue from operations grew to Rs 2,191 crore in Q4 FY25, according to its financial statements filed with the National Stock Exchange (NSE). For the full fiscal year (FY25), Delhivery’s operating revenue increased 10% to Rs 8,932 crore in FY25 from Rs 8,141 crore in FY24. Delhivery's primary revenue sources were its logistics services, including warehousing, last-mile logistics, and designing and deploying logistics management systems. The firm also earned Rs 112 crore from non-operating activities, bringing its total revenue to Rs 2,303 crore in Q4 FY25. Meanwhile, for the full fiscal year, total income reached Rs 9,372 crore. For Delhivery, freight handling and servicing costs made up 70% of its total expenditure, rising by 3% to Rs 1,566 crore in Q4 FY25. Employee benefit expenses decreased by 6% to Rs 337 crore. Legal, depreciation, and other overhead costs contributed to a minor decrease in overall expenditure, which reached Rs 2,249 crore during the quarter. For the full financial year ending March 2025, the firm’s total expenses rose to Rs 9,217 crore as against Rs 8,825 crore in FY24. Delhivery's continued growth and controlled expenditure resulted in a profit of Rs 72 crore in Q4 FY25, compared to a loss of Rs 68 crore in Q4 FY24. On a fiscal basis, it turned profitable and reported a net profit of Rs 162 crore in FY25 as compared to a loss of Rs 249 crore in FY24. At the close of today’s trading session, Delhivery’s share price stood at Rs 321 per share, giving the company a market capitalization of Rs 23,957 crore.
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PB Fintech crosses Rs 1,508 Cr revenue in Q4 FY25; profit triples
Entrackr
·
2m ago
Medial
PB Fintech, the parent company of online insurance aggregator and brokerage platform PolicyBazaar, has released its financial results for the fourth quarter of the ongoing fiscal year (Q4 FY25). The company reported a 38% growth in scale, while its year-on-year (YoY) profits increased by 2.85X during the same period. PolicyBazaar’s revenue from operations surged 38% to Rs 1,508 crore in Q4 FY25 in contrast to Rs 1,089 crore in Q4 FY24, as per the firm’s consolidated financial results sourced from the National Stock Exchange (NSE). For the full fiscal year (FY25), PolicyBazaar’s operating revenue increased 33% to Rs 4,977 crore in FY25 from Rs 3,738 crore in FY24. The Gurugram-based company generated the largest share (87%) of its operating revenue from insurance broker services, which rose to Rs 1,322 crore in Q4 FY25 from Rs 915 crore in Q4 FY24. For the full fiscal year, it accounted for 86% of the revenue at Rs 4,298 crore. Besides operating revenue, the firm also earned Rs 101 crore via interest and gains from financial assets during the quarter which took its total topline to Rs 1,609 crore in the quarter ending March 2025. Meanwhile, for the full fiscal year, total income crossed the Rs 5,000 crore mark at Rs 5,385 crore. PolicyBazaar has not provided a detailed breakdown of expenses in its quarterly financial statements. However, employee benefits expenses rose by 15% YoY to Rs 508 crore. Overall, the company's total costs grew 29% to Rs 1,437 crore in Q4 FY25 compared to Rs 1,114 crore in Q4 FY24. For the full financial year ending March 2025, the firm’s total expenses rose to Rs 5,039 crore as against Rs 3,739 crore in FY24. In the end, PolicyBazaar's net profits surged 2.85X to Rs 171 crore in Q4 FY25 from Rs 60 crore in Q4 FY24. On a fiscal basis, its net profit spiked 5.5X to Rs 353 crore in FY25 from Rs 64 crore in FY24. PolicyBazaar is currently trading at Rs 1,796 with a total market capitalization of Rs 82,500 crore.
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India drives TCS growth buzz
Economic Times
·
10m ago
Medial
- TCS, India's largest software exporter, reported a 5% YoY increase in net profit to Rs 11,909 crore in Q2. - The company's revenue surpassed expectations, posting consolidated revenue of Rs 64,259 crore, a 7.6% YoY growth. - TCS cited the ramp-up of its deal with BSNL as a key driver for its performance, while clients in America and Europe remained cautious with technology spends. - Margins for TCS shrank to 24.1%, marking the second consecutive quarter of contraction. - The company added 5,726 employees in Q2, bringing the total employee count to 612,724 at the end of September. Attrition increased to 12.3%. - TCS mentioned a positive outlook with signs of improvement in financial services in North America and expects better performance in Q2 of FY25.
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