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Thursday, July 09, 2015

Tata Consultancy Services Q1 net profit up 13 Percent

India's largest software services exporter, Tata Consultancy Services, said on Thursday quarterly net profit rose 13 percent, beating estimates.

Net profit rose to 57.09 billion rupees ($900 million) for its fiscal first quarter to June 30, TCS said in a statement. Analysts on average had expected a net profit of 54.40 billion rupees.

Revenue rose 16.1 percent from a year earlier to 256.68 billion rupees. ($1 = 63.4100 Indian rupees)

To view the original press release, please click here.

 

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