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  • NEWS Desk Global

TATA CONSULTANCY SERVICES SEE 9% YOY RISE IN PROFIT AND BEATS ESTIMATES

Tata Consultancy Services (TCS), India’s largest IT firm, announced a 9% year-on-year (YoY) increase in consolidated net profit for the quarter ending September 2023, reaching Rs 11,342 crore. Consolidated revenue showed nearly 8% YoY growth, reaching Rs 59,692 crore, according to an ET report. In terms of sequential growth, revenue had a modest 0.5% uptick, and profit rose by 2.4%.

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