TCS Q1 net rises 5%, revenue up 14%
Tata Consultancy Services on Thursday posted a 4.6% increase in net profit and 13.9% expansion in revenue for the first quarter from a year earlier
Tata Consultancy Services on Thursday posted a 4.6% increase in net profit and 13.9% expansion in revenue for the first quarter from a year earlier, largely in line with market expectations, helped by growth in the key financial services vertical and the US market.India’s largest software services firm reported a net profit of Rs 13,349 crore for the quarter, when it took a Rs 668 crore one-time charge related to the settlement with DXC
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