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India's Tata Consultancy Services posts record quarterly profit
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India's Tata Consultancy Services posts record quarterly profit
(Reuters) - Tata Consultancy Services , India's biggest software services exporter, posted a 24.1 percent rise in third quarter net profit on Thursday, helped by strong gains from its Banking, Financial Services And Insurance segment. The Mumbai-based company posted a record net profit of 81.05 billion rupees ($1.15 billion) in the third quarter ended December 31, versus 65.31 billion rupees it reported a year earlier. That narrowly missed an average estimate of 82.19 billion from 25 analysts, Refinitiv data shows. Income from operations rose 20.8 percent, it said in a statement https://www. ...
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