Profit

TCS Q3 Profit Rises to Rs 5444 Crore

 Share
EMAIL
PRINT
COMMENTS
TCS Q3 Profit Rises to Rs 5444 Crore
Tata Consultancy Services Ltd, India's biggest software services exporter, on Thursday posted a 5.1 per cent rise in quarterly profit as its main US and Europe clients increased tech spending in a seasonally weak quarter.

Net profit for the three months to December 31, its financial third quarter, rose to Rs 5444 crore, the Mumbai-based company disclosed in tweets on its official Twitter handles on Thursday.

Analysts, on average, were expecting profit at Rs 5471 crore, according to Thomson Reuters.

Comments
The year-end holidays usually mean weaker third-quarter sales for IT services firms, and TCS said in December it expected quarterly profit to be "in line with seasonal trends".

Copyright: Thomson Reuters 2015

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................