Thursday 16 April 2015

TCS to announce FY15 results today

Tata Consultancy Services Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 16, 2015. 

TCS1
Tata Consultancy Services Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 16, 2015, inter alia, to:
approve and take on record the audited financial results of the Company for the year ended March 31, 2015.

approve and take on record the audited consolidated financial results of the Company and its subsidiaries for the year ended March 31, 2015.

recommend a Final Dividend, if any, on the Equity Shares of the Company for the year ended March 31, 2015 for the approval of the shareholders at the ensuing Annual General Meeting. 

The fourth quarter is typically a soft quarter for Indian IT companies as client’s freeze their IT budgets for the calendar year and its allocation.

The company is expected to post 3%+ qoq organic constant currency growth in Q4 FY15 

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