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Thursday 12 October 2017

Aug IIP at 4.3%; Sept CPI at 3.28% - 12 OCT 2017

Aug IIP at 4.3%; Sept CPI at 3.28%

IIP for the month of August comes in at 4.3%

Aug IIP Data (MoM)

Primary goods output at 7.1% Vs 2.3%
Capital goods output at 5.4% Vs -1%
Intermediate goods output at -0.2% Vs -1.8%
Consumer durables output at 1.6% Vs -1.3%
Consumer non-durables Output at 6.9% Vs 3.4%

Sept CPI Data

Consumer Price Index ( CPI) for the month of September comes in at 3.28%
Aug CPI revised to 3.28% from 3.36%
Combined food price inflation at 1.25% Vs 1.52% (MoM)

TCS Q2 $ revenue inline; Margins beat estimates

Tata Consultancy Services ( TCS) Q2 results for the Quarter ended September 30, 2017:

TCS Q2 net profit at Rs6,446 crore
Cons Rupee revenue at Rs30,541 crore
Q2 EBIT at Rs7,660 crore
TCS to pay dividend of Rs7/share
TCS volume growth at 3.2%
Revenue growth at 1.7% in constant currency terms
IT attrition rate (LTM) down 0.3% at 11.3% (QoQ)


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