TCS registers 12% profit growth in Oct-Dec quarter, revenue up 5.6%
By
Binu Mathew
New Delhi [India], January 9 (ANI): IT services major Tata Consultancy Services (TCS) has reported a 12 per cent jump in net profit in the just-concluded October-December quarter, its earnings released Thursday showed.
The net profit rose to Rs 12,444 crore in the December quarter, as against Rs 11,097 crore in the year-ago period.
With TCS releasing Q3 earnings, the corporate earnings season for the October-December quarter kicked off. Earning insights of India Inc. will give cues to market participants.