Tata Consultancy Services reported a 16.8% rise in quarterly profit that just beat estimates on Wednesday, helped by large order wins. Consolidated net profit rose to 110.74 billion rupees ($1.35 billion) in the first quarter that ended on June 30, from 94.78 billion rupees in the year-ago period.
TCS Q1 profit rises 16.8%, beats view on deal wins
Tata Consultancy Services reported a 16.8% rise in quarterly profit that just beat estimates on Wednesday, helped by large order wins. Consolidated net profit rose to 110.74 billion rupees ($1.35 billion) in the first quarter that ended on June 30, from 94.78 billion rupees in the year-ago period.