04-11-2022 05:54 PM | Source: Reuters
India's TCS posts 7.4% rise in March-qtr profit
BENGALURU - Tata Consultancy Services Ltd reported a 7.4% rise in March-quarter profit on Monday, as India's top IT exporter
benefited from a wave of digital transformation sweeping across the globe.
Net profit rose to 99.26 billion rupees ($1.31 billion) in the three months to March 31 from 92.46 billion rupees a year earlier.
Revenue from operations jumped to 505.91 billion rupees from 437.05 billion rupees a year earlier.
($1 = 75.8390 Indian rupees)
(Reporting by Nallur Sethuraman in Bengaluru; Editing by Anil D'Silva)
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