Tata Consultancy Services Ltd (NSE:TCS)
₹ 3832.05 -46.1 (-1.19%) Market Cap: 13.86 Til Enterprise Value: 13.51 Til PE Ratio: 30.44 PB Ratio: 15.32 GF Score: 99/100

Q2 2020 Tata Consultancy Services Ltd Earnings Press Conference Transcript

Oct 10, 2019 / 11:45AM GMT
Release Date Price: ₹2004.45 (-0.77%)
Ben Trounson
Tata Consultancy Services Limited - Chief Communications Officer of Global Markets

Good afternoon, everyone. There's plenty of seats if anyone to sit down. So welcome to our second quarter results press conference. I'm going to ask our CEO, Rajesh Gopinathan, to get up in a few minutes, but I just want to remind everyone we'll have some brief remarks from our CEO then we'll go to Q&A. Again, please keep your questions initially to 3, move on to the next and then we'll time at the end to come back to difficult questions.

So with that, please take the stage, Rajesh.

Rajesh Gopinathan
Tata Consultancy Services Limited - CEO, MD & Executive Director

Thanks, Ben. I would welcome everyone to TCS' Q2 results announcement. We've had a really, really moderate quarter ending with revenue of -- revenue growth of 8.4% in constant currency terms and a stable margin of 24% with a net profit of INR 8,042 crores, which represents 20.6% in net profitability terms. We've had strong cash conversion, converting 108% of net profit into cash from

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