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TCS net up 10.9 per cent in Q3

TCS net up 10.9 per cent in Q3

Mumbai, Jan 12 (IANS) Global software major Tata Consultancy Services on Thursday said it posted net profit of Rs 6,778 crore for third quarter of fiscal 2016-17, registering 10.9 per cent growth.

In a regulatory filing to the BSE, the city-based IT bellwether said revenue for the quarter under review grew 8.7 per cent over last year to Rs 29,735 crore as per Indian accounting norms.

 

Under the International Financial Reporting Standard, net income grew 7.9 per cent to $1,000 and revenue up 5.8 per cent to $4,387 million.

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TCS net up 10.9 per cent in Q3

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.