TCS Q4 2013 net profits at Rs 3,597 crores

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Tata Consultancy Services has reported a net profit of Rs 3,597 crores for Q4 FY 2013, up 1.27 per cent quarter-on-quarter, largely meeting analyst forecasts.

Revenues increased 2.24 percent to Rs 16,430.1 crore from Rs 16,069.90 crore during the same period.
Dollar revenue increased by 3.1 per cent QoQ to USD 3,040 million in January-March quarter, ahead of forecast.
Shares of the company closed lower and will react to the results on Thursday, as numbers were reported after market hours.

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