Q4 Results Update

TCS Q4 Net down 2.1% Revenues down 1.5%, declares 1:1 Bonus

tata_logo TCS has reported a Full year Revenue of 27812 Crores and Net Profit of 5256 Crores. The profits were up 4.5 % and Sales were up 21.6% against last year. The Board has also approved issue of 1Bonus share for each share held in the company. The company has also declared a final dividend of Rs. 5 per share. The total employee strength of the company is 143,761. The forex losses stood at Rs. 781 Crores. The Company had a Cash of Rs 4300 Crores on its Balance Sheet as of 31st March,2009.  The EPS for FY09 stood at Rs. 52.85. The TCS results look good considering the fact that the company had a hit of 781 Crores on account of forex losses.

TCS’ full services strategy significantly contributed to overall company performance.  BPO and Infrastructure services grew by more than 40% compared to FY08. Demand for core IT and ADM services remained strong, with more than 50% of the large deals in FY09 coming in this space. Engineering services grew through FY09, though ongoing pressure in the US Auto and Hi Tech industry could adversely affect demand in FY10.

TCS Result Highlights

Sesa Goa Q4 Net profit down 33%

sesa Company posted Q4 Revenues of 1430 Crores Vs 1681 last year. Net profit was down at 548 crores Vs 812 crores last year. For the Full year, the company posted Revenues of 4926 Crores Vs. 3766 Crores last year and net Profit at 1988 Crores Vs 1542 Crores. The company’s FY09 EPS stood at Rs. 25.26

Sesa Goa Result Highlights

Axis Bank net zooms 61% Interest Income up 25%

logo-axis Good set of numbers posted by Axis Bank. Net profit for Q4 zoomed 61 % to Rs. 581 Crores. Net Interest income shot up 25% to 1032 .6 Crores while the Fee based Income grew 42% to touch 664 Crores. Demand deposits have grown 26.52% yoy, and constitute 43% of the total deposits, with Savings Bank deposits having grown 29% yoy and Current Account deposits having grown 24% yoy. The Net NPAs, as a proportion of net customer assets, have reduced to 0.35% from 0.36% at the end of the preceding year and declined from 0.39% at the end of December’08. The Bank’s Capital Adequacy Ratio was 13.69% as at end March’09 as compared to 13.73% as at end March’08.

Bank’s FY09 EPS stood at Rs. 50.27 against 31.31 last year. The Board has proposed 100% dividend.

Axis Bank Result Highlights


Ramesh Reddy G said...

Here you can find a best way to earn money online. Only for Indians. It's a very easy programme.

Get paid Rs 50/- for each referral you made and upto 5 levels you can earn.

100% legal and 100% successful.

Visit: www.WiseWaves.Com