Jul 14, 2022By: Rounak Jain
The mid-cap IT company reported a net profit of ₹472 crore, down 0.3 percent sequentially, while revenue surged 8 percent to ₹3,121 crore.
The IT services company will declare its June quarter results today.
Will acquire Denmark-based tech and consulting company Base Life Science for €110 million.
Clarified media speculation around an investigation by the Enforcement Directorate, saying that the scrutiny is based on its suo moto reports relating to suspicious transactions from 2011-14.
L&T Infotech, Tata Elxsi, ACC, Tata Steel Long Products, Angel One, GTPL Hathway, among others.
Approved an interim dividend of ₹21 per share, amounting to ₹8,837 crore in total.
Its subsidiary has bagged a 600MW solar and wind power project from the Solar Energy Corporation of India, located in Karnataka. Tata Power’s total renewable capacity now stands at 5,524MW.
Its subsidiary has won a 300MW wind power project from the Solar Energy Corporation of India, increasing its total power capacity to 7.3GW.
Reported a 99 percent decline in net profit to ₹1.22 crore, year-on-year, while revenue increased 10.5 percent to ₹666 crore.