Zee Media Bureau
New Delhi: Tata Consultancy Services' (TCS) net profit was up 14.2 percent to Rs 6,083 crore in the October-December quarter, the company said in a BSE filing on Tuesday.
TCS declared a divident of 5.50 per share. It posted operating margin at 26.57 percent in Q3. The company gave rupee revenue guidance of 27,364 crore.
Shares of TCS slumped to its 52-week low level and finally settled for the day down nearly two percent ahead of its third quarter earnings announcement.
Shares of the company today opened at Rs 2,367.95, losing further ground and fell to an intra-day low of Rs 2,301.10, which is also its 52-week low level on the BSE.
The stock finally settled for the day at Rs 2,324.05, down 1.65 percent on the BSE.
With PTI Inputs