TCS Q3 Results: IT major posts 14% YoY fall in profit to ₹10,657 crore on one-time impact of labour codes

TCS Q3 Results: India’s biggest information technology (IT) services company, Tata Consultancy Services (TCS), on Monday posted a decline in its profit after tax (PAT) for the third quarter of the financial year, even as revenue rose in the low single digit.

TCS posted a 13.9% year-on-year (YoY) decline in its consolidated net profit (attributable to shareholders) to ₹10,657 crore.