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TCS reports 11% increase for Q3 at Rs 6,778 crore

Equitypandit_TCS

TCS, the biggest software services firm of the country has posted a 10.9% increase in the profit to Rs 6,778 crore for the third quarter of the current fiscal.

The company had posted a net profit of Rs 6,110 crore in the October-December period of last fiscal.  Company’s operating profit was at Rs 7,733 crore in reported quarter.

Tata Consultancy Services’ revenues was up 8.7% at Rs 29,735 crore during the third quarter of 2016-17, from Rs 27,364 crore in the year ago period.

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