TCS

TCS profit jumps to 6.3% in fourth quarter.

TATA CONSULTANCY SERVICES,India's second-largest listed company by market capitalisation, on April 12, has reported a 6.3 percent sequential growth in March quarter consolidated profit at Rs 9,246 crore, driven by better-than-expected growth in revenue and operating income.Consolidated revenue during the quarter grew by 4 percent to Rs 43,705 crore compared to the previous quarter backed by ramp-up of large deals, cross-currency tailwind and recovery in demand.The revenue in dollar terms grew by 5 percent sequentially to $5,989 million in the quarter ended March 2021, against 5.1 percent…
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