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TCS Q4 FY08 consolidated net profit is Rs 1255.9 crore

Tata Consultancy Services has posted a Q4 FY08 consolidated net profit of Rs 1,255.9 crore and revenues of Rs 6,094.7 crore as per US GAAP, reports CNBC-TV18. Consolidated net profit and revenues were below expectations. EBITDA margin has declined at 25.5% versus 26.7%.

TCS will face a huge resistance at Rs 1,000, says Sudhanshu Pandey of LKP Shares, on NDTV Profit. It now has support at Rs 925, he adds. The stopck is currently trading at Rs 930, down 6.4% on the BSE.

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