Skip to main content

Q4 results: IT giants TCS, Infosys, HCL Tech to consider paying dividend

 TCS board will meet on 11 April and Infosys' on 12 and 13 April to approve financial results



Information Technology (IT) giants Tata Consultancy Services, Infosys and HCL Tech will consider paying final dividend for the financial year 2021-22 (FY22) along with declaring the fourth quarter results.

Infosys said its board will meet on 12 April and 13 April to take on record the financial results for the quarter ended March as well as for the full fiscal year. The board will also consider paying final dividend during the meeting.

Meanwhile, TCS' board will meet on 11 April to approve and take on record the audited financial results of the company for Q4 and year ending March. The company will also consider declaring dividend while announcing the results.

HCL Technologies Ltd said its board will meet on 20-21 April to approve the results and also declare an interim dividend for the current financial year (FY23). The company has fixed 29 April as the record date for determining the entitlement of the shareholders for the payment of interim dividend.

Recently, bellwether company Accenture forecast third-quarter revenue above estimates with growing demand for cloud and security-related services as more and more businesses move to a hybrid work model.

New bookings for the second quarter stood at $19.6 billion, lifted by demand for its cloud and security-related services as more businesses transform to hybrid work model.

Revenue for the second quarter stood at $15.05 billion, compared with analysts' average estimate of $14.65 billion, as per the Refinitiv IBES data.

On Friday, TCS shares closed 0.51% higher at ₹3,759 apiece on NSE. In the March quarter, the stock is down marginally, close to 2%, as against a drop of 6.09% in the Nifty IT index.

Infosys shares too have been muted in the three months ending March, rising marginally, while Wipro and HCL Tech dropped 16.13% and 11.53% respectively during the same period.

Comments

Post a Comment

Popular posts from this blog

Java Script

Hello Password Go Close window choose A file to Upload Upload-File Try a algorithm try a algorithm za=xa+xb; ■ Hii this page is Made & maintained by United Industries ■ Custom Popup Example Show Custom Popup Popup Message This is a custom popup! Close UPLOAD 🌐 The JavaScript Syntax define two types of values ● Fixed Values . ● Variable Values . fix values are called literals. variable values are called variables. java script Part 1 ex1 JavaScript numbers In this example We are going to learn About Numbers Can be written Wait or without Decimals in JavaScript ex2 JavaScript strings in JavaScr...
Post a Comment
Read more

The all Logic Gate's

logic Gates Logic Gates are the fundamental building blocks of a digital circuits. They perform a basic logical function that is essential for digital systems to oprate. it takes it takes one or more binary inputs and produces a single binary output based on their functions Sum clear Clear Oprate And the use of (||) oprator in this example we are going to learn about the about the (||) oprator we are taking two veriables X=100 y=10 now if we use the (||) opprator the result will be C ← 7 8 9 + 4 5 6 - 1 2 3 * 0 . = /
Post a Comment
Read more