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TCS Q3: Profit growth flat at Rs 8,118 crore
NEW DELHI: IT major TCS on Friday met Street estimates as it reported 0.20 per cent year-on-year rise in profit at Rs 8,118 crore compared with Rs 8,105 crore net in the same quarter last year. Analysts in an ET NOW poll had estimated the number at Rs 8,189 crore.Revenue for the quarter rose 6.7 per cent to Rs 39,854 crore compared with Rs 37,338 crore in the year-ago period.
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TCS posts highest-ever profit in Q3 at Rs 8,105 crore
TCS, India’s largest IT firm by revenue, on Thursday reported a 24.1 per cent rise in YoY profit at Rs 8,105 crore for the December quarter.The IT major had reported Rs 6,531 crore profit in the same quarter last year. Revenue for the quarter rose 20.80 per cent YoY to Rs 37,338 crore.
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