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FINWIRES

Tata Technologies' Fiscal Q4 Consolidated Profit Rises

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-- Tata Technologies' (NSE:TATATECH, BOM:544028) consolidated attributable profit rose to 2.04 billion Indian rupees in the fiscal fourth quarter from 1.89 billion rupees a year ago.

Earnings per share came in at 5.03 rupees, up from 4.65 rupees a year earlier, the IT services provider said in a filing to the Indian stock exchanges on Monday.

The EPS was higher than the 4.28 rupees consensus estimate of analysts polled by Visible Alpha.

Revenue from operations in fiscal Q4 increased to 15.7 billion rupees from 12.9 billion rupees.

The board recommended a final dividend of 8.35 rupees and a one-time special dividend of 3.35 rupees, totaling 11.70 rupees per equity share, for the year ended March 31.

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