9 years ago
India's biggest outsourcer TCS announced its June quarter (Q1) earnings after market hours today. TCS reported net profit of Rs 5,945 crore in June quarter, down 10% from Rs 6,608 crore posted in March quarter. Earnings of TCS assumes significance as the $150 billion Indian IT sector is facing challenges in the business environment and stricter work permit regime in countries like the US, Singapore, Australia and New Zealand.
