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08 Apr
Posted by Shyam as Results
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NB: TCS Q4 Results 2010 Has been announced. Please check the link.
Finally after a long silence period, Tata Consultancy Services (TCS) has announced its Q4 results date. TCS Q4 Results 2010 will be announced on April 19,2010. The board meeting of directors is scheduled on April 19, 2010 to approve and announce TCS Q4 Results 2010. The board will also announce a final dividend to its share holders.
You can get the results on your cell phones by sending a SMS ‘R TCS’ to 51818. It was rather a long wait to announce the date of quarterly results. Meanwhile TCS is all set to announce the salary hike. TCS Salary Hike 2010 seems to be a hot point of discussion in many forums as the company has about 1,44,000 employees in its payroll and plans to hire another 30,000 in FY11. Unlike many other software exporting companies TCS has not announced any salary hike to its employees in the last one year.
Infosys and Wipro Technologies has already announced salary hike to their employees sometime back. So it will be interesting to see TCS Salary Hike 2010 announcements. As per some discussion forums the company has announced the Performance bands of its employees few days back and the TCS salary hike will be based on the bands the employees have obtained after their annual appraisal process.
As per some analysts TCS revenue for Q4 2010 will be somewhere around Rs 7870 crores and Profit of the company in Q4 2010 will be around Rs 1,870 crores.
Check out how TCS has been performing in the preceding quarters in the year 2010.
TCS salary hike decision will impact the net margin of the company results definitely. TCS has given good returns to its investors in the last few months. It has nearly given a return of 10% in this quarter itself. If the results are good, then we can expect some movement in the company stock price too. So keep checking the space for TCS Q4 Results 2010 and TCS Salary Hike 2010 numbers.
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2 Responses
Bikas
April 12th, 2010 at 2:25 pm
1Oh gr8.thanks admin
indian
April 30th, 2010 at 4:19 pm
2Well.. the second hike in a year by Infosys (that too by 14%) has defenitely made Wipro Defenisve. TCS has also announced substantia salary Hike. Wipro has announced only 1 hike that too at 8%. Incidently attrition rate at Wipro has climbed this year. So that makes Wipro Stock a bit defensive?
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