TCS Announces Quarterly Results (3QFY20); Net Profit Up 0.3%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

TCS Announces Quarterly Results (3QFY20); Net Profit Up 0.3%
Mon, 20 Jan

TCS has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

TCS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m373,380389,770398,5402.3%6.7%
Other incomeRs m11,63013,6108,180-39.9%-29.7%
TurnoverRs m385,010403,380406,7200.8%5.6%
ExpensesRs m272,550287,520289,8300.8%6.3%
Gross profitRs m100,830102,250108,7106.3%7.8%
DepreciationRs m5,1908,6408,9703.8%72.8%
InterestRs m1601,9302,23015.5%1293.8%
Profit before taxRs m107,110105,290105,6900.4%-1.3%
TaxRs m25,90024,71024,260-1.8%-6.3%
Profit after taxRs m81,21080,58081,4301.1%0.3%
Gross profit margin%27.026.227.3
Effective tax rate%24.223.523.0
Net profit margin%21.120.020.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 6.7% on a year-on-year (YoY) basis. The expenses were up by 6.3% YoY during the same period.
  • The company's operating profit increased by 7.8% YoY during the quarter. Consequently, operating profit margins remained same and stood at 27.3% in 3QFY20.
  • Depreciation charges increased by 72.8% and finance costs increased by 1293.8% YoY, respectively.
  • Other income declined by 29.7% YoY during the quarter.
  • Net profit for the quarter increased by 0.3% YoY. Net profit margins during the quarter declined from 21.1% in 3QFY19 to 20.0% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 2.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 0.8% QoQ during the same period.
  • The company's operating profit increased by 6.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 27.3% in 3QFY20 as against 26.2% in 2QFY19.
  • Net profit for the quarter increased by 1.1% QoQ, while net profit margins increased from 20.0% in 2QFY19 to 20.0% in 3QFY20.

To see how TCS has performed over the last eight quarters,please visit here.

Launched! Equitymaster's Biggest Wealth Creating Project Ever. Full Details Here...

TCS Share Price Performance

Over the last one year,TCS share price has moved up from Rs 1,900.4 to Rs 2,172.9, registering a Gain of Rs 272.5 or around 14.3%.

Meanwhile, the S&P BSE IT Index is trading at Rs 15,948.6 (down 1.0%). Over the last one year it has moved up from 14,670.9 to 15,948.6, a gain of 1,278 points (up 8.7%).

Overall, the S&P BSE SENSEX is up 14.7% over the year.

Current Valuations

At the current price of Rs 2,172.9, the price to earnings (P/E) ratio of TCS stands at 25.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 9.3 times.

Equitymaster requests your view! Post a comment on "TCS Announces Quarterly Results (3QFY20); Net Profit Up 0.3%". Click here!

  

Related Views on News

TCS Announces Quarterly Results (2QFY20); Net Profit Up 1.7% (Quarterly Result Update)

Oct 14, 2019 | Updated on Oct 14, 2019

For the quarter ended September 2019, TCS has posted a net profit of Rs 81 bn (up 1.7% YoY). Sales on the other hand came in at Rs 390 bn (up 5.8% YoY). Read on for a complete analysis of TCS's quarterly results.

TCS Announces Quarterly Results (1QFY20); Net Profit Up 10.7% (Quarterly Result Update)

Jul 10, 2019 | Updated on Jul 10, 2019

For the quarter ended June 2019, TCS has posted a net profit of Rs 82 bn (up 10.7% YoY). Sales on the other hand came in at Rs 382 bn (up 11.4% YoY). Read on for a complete analysis of TCS's quarterly results.

TCS 2018-19 Annual Report Analysis (Annual Result Update)

May 21, 2019 | Updated on May 21, 2019

Here's an analysis of the annual report of TCS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of TCS. Also includes updates on the valuation of TCS.

TCS 2017-18 Annual Report Analysis (Annual Result Update)

Aug 8, 2018 | Updated on Aug 8, 2018

Here's an analysis of the annual report of TCS for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of TCS. Also includes updates on the valuation of TCS.

More Views on News

Most Popular

This Smallcap Stock Could be the Next Titan (Up 1,400% in 10 Years)(Profit Hunter)

Feb 11, 2020

A blueprint to latch on to the next 'Crorepati' stock - and an event I hope you won't miss on any account.

How to Become a One Stock Crorepati(Profit Hunter)

Feb 6, 2020

A little known Indian stock that is set to turn around its own fortunes, and your wealth, if you just have the foresight to get in on time...

Will Algo Traders Take Away All Your Profits?(Fast Profits Daily)

Feb 11, 2020

How to fight back against algo trading systems.

How to Use Stop Losses in Your Trading(Fast Profits Daily)

Feb 13, 2020

There's more to stop losses than just limiting a trading loss. Find out more...

No Change in My Long-Term View on the Rebirth of India Stocks(The 5 Minute Wrapup)

Feb 6, 2020

Why the recent post budget volatility has not affected my bullish view on the Rebirth of India stocks.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

TCS SHARE PRICE


Feb 19, 2020 01:17 PM

TRACK TCS

COMPARE TCS WITH

MARKET STATS