Hot Pursuit
Prev Next
As on Jul 09, 2020 12:00 AM Your results on : Hot Pursuit    
TCS Q1 PAT slides 13% QoQ to Rs 7049 cr
09-Jul-2020 (17:59)
Consolidated profit before tax stood at Rs 9504 crore in Q1FY21, declining nearly 10% from Rs 10,512 crore in Q4FY20. Total tax expense rose 1.5% to Rs 2455 crore in Q1FY21 over Q4FY20.

TCS said that constant currency revenue for Q1FY21 fell by 6.3% year on year. The IT major's operating margin stood at 23.6% in Q1FY21 from 25.1% in Q4FY20. The deal wins stood at $6.9 billion in Q1FY21, against $8.9 billion in Q4FY20.

The company highlighted that life sciences & healthcare segment continued to grow strongly at 13.8% YoY. Other than that, all other industry verticals showed declines of varying degrees: BFSI (-4.9%), retail & CPG (-12.9%), communications & media (-3.6%), manufacturing (-7.1%) and technology & services (-4%).

Demand contraction was broad-based by geography. Other than Europe (+2.7%) and Latin America (+0.2%), growth declined in all other markets: North America (-6.1%), UK (-8.5%), India (-27.6%), Asia Pacific (-3.2%), and MEA (-11.7%).

Commenting on the Q1 performance, Rajesh Gopinathan, Chief Executive Officer and Managing Director, said: The revenue impact of the pandemic played out broadly along the lines we had anticipated at the start of the quarter. It affected all verticals, with the exception of Life Sciences and Healthcare, with varying levels of impact. We believe it has bottomed out, and we should now start tracing our path to growth. After an initial period of disruption, customers have now stabilized their operations and are now embarking on new beginnings to adapt and thrive in a post-pandemic world. We are seeing many customers focus on front-end transformation, resulting in significant traction for our products and services. The other big investment themes are around driving operational resilience, adaptability and optimization. We signed several large core transformation programs encompassing operations, applications, cloud and cybersecurity.

The company's consolidated headcount stood at 443,676 as of 30 June 2020. IT services attrition rate (last twelve months) stood at 11.1%.

As on 30 June 2020, the company has applied for 5,324 patents, including 108 applied during the quarter, and has been granted 1,471 patents.

Meanwhile, the company has declared an interim dividend of 5 per equity share while setting 17 July as the record date for payment of dividend.

Shares of TCS ended 0.6% lower at Rs 2204.35 on Thursday. TCS is an IT services, consulting and business solutions organization.

SBI MF trims stake in Emami
09-Jul-2020 (15:09)
MMTC Ltd leads losers in 'A' group
09-Jul-2020 (15:00)
Arvind Fashions gains after Flipkart invests 260 cr in Arvind Youth Brands
09-Jul-2020 (14:47)
Yes Bank gains as FPO to open on 15 July
09-Jul-2020 (14:44)
Volumes soar at Arvind Fashions Ltd counter
09-Jul-2020 (14:30)
Auto stocks edge lower
09-Jul-2020 (14:00)
FMCG stocks ease
09-Jul-2020 (14:00)
Consumer Durables stocks slide
09-Jul-2020 (14:00)
Kokuyo Camlin tumbles after dismal Q4 performance
09-Jul-2020 (13:49)
Praj Inds jumps on entry into renewable chemicals industry
09-Jul-2020 (13:44)
BASF India slips on getting tax notice from Karnataka's Commercial Tax Dept
09-Jul-2020 (13:15)
D B Corp Ltd soars 4.12%, rises for third straight session
09-Jul-2020 (13:05)
Emami Ltd soars 1.13%, Gains for third straight session
09-Jul-2020 (13:05)
BHEL gains on commissioning solar plant for Indian Railways
09-Jul-2020 (12:58)
Phoenix Mills opens new mall in Lucknow
09-Jul-2020 (12:35)
PTL Enterprises Ltd leads gainers in 'B' group
09-Jul-2020 (12:15)
Nilkamal Ltd leads gainers in 'A' group
09-Jul-2020 (12:00)
Can Fin Homes jumps on fund raising plan
09-Jul-2020 (11:40)
Volumes soar at Aegis Logistics Ltd counter
09-Jul-2020 (11:00)
Connect with us :   
About us
Our Services
Core Values
Investor Relations
Product & Services
Institutional Broking
Clearing Services
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Globe e-KYC Application
NSDL e-KYC Signer Application
Mobile App Demo
Globe Referral Program
Globe Free Account Opening
New Client onboarding
Back Office
Back Office
KYC/KDC Status
Mutual Fund
RMS Policy
Download Forms
Useful Links
Exchange Holidays
Anti-Money Laundering Policy
Policies, Procedures, Rights, Obligations and RDD
Additional Policy and Procedures

Funds Payout Policy

Shortages Obligation Arising Out Of Internal Netting of Trades

Policies of Globe Commodities Limited
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language - Equity | Commodity
Additional Risk Disclosure for Trading into Commodity options
In case of any grievances pleae write to / (For Trading) (For DP) (For PMS) (For Commodities)
Equity SEBI Registration No INZ000177137, Exchange Registration Nos : NSE TM Code - 06637, Clearing No.- M50302|BSE Clearing No: 3179|MSEI TM Code - 1004 ,Clearing No.- 4| MCX TM No: 8091,Clearing No: 8090 | NCDEX TM No:1287, Clearing No: -M51085|ICEX TM ID-2084 | SEBI Registration for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | SEBI Research Analysts Registration No :INH100001187 | SEBI PMS Registration No:INP000002361 CMBPID NCL CM :- IN555502
* Through subsidiary Globe Commodities Ltd. --> Commodity SEBI Regn. No. - INZ000024939, Exchange Regn. Nos. - MCX CM ID: 8550 TM ID: 10735, NCDEX CM ID: M50011 TM ID: 00012, NMCE ID: CL0111, ICEX ID: 1009, NCDXSPOT-CR-07-10011,
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by CMOTS Infotech (ISO 9001:2015 Certified) Privacy Policy Disclaimer Terms and Conditions