'Corona' hit TCS's profits, here are the results in the first quarter
'Corona' hit TCS's profits, here are the results in the first quarter
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New Delhi: Even though the profit of the country's largest IT company has increased by 28 percent over the first quarter of the previous financial year, the company's profit has been lower than the previous March quarter. This is due to the second wave of coronavirus. In fact, on Thursday, the company released the results of the first quarter of the current financial year. Rs. 7/- to investors.

TCS is one of the leading IT companies in the country. The company has grown a lot in the last year. But the company's profits have declined between April and June, the second wave of coronavirus. The company's profit in the March quarter was more than Rs 9200 crore. Looking at the figures, the company's net profit stood at Rs 90.08 crore in the current financial year in the results released by the company on Thursday. 92.46 crore in the March quarter. Compared to the same quarter of the previous financial year, the company's profit surged 28.5 percent.

Coming to the company's earnings, the quarter has seen an increase of 18.5 percent over the same quarter for the previous financial year. 45,411 crore in the June quarter. 38,322 crore in the corresponding quarter of the previous financial year. The company's revenue has seen a marginal increase in the June quarter as compared to the March quarter. The company's revenue in the March quarter was Rs 43,705 crores.

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