Future Tech

India's TCS beats Q4 profit view as deal momentum intact

Tan KW
Publish date: Wed, 12 Apr 2023, 10:45 PM
Tan KW
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Future Tech

BENGALURU - Tata Consultancy Services Ltd on Wednesday reported a bigger-than-expected rise in fourth-quarter profit as India's top IT exporter saw firm demand for digital services despite a challenging macroeconomic backdrop.

The company's net profit rose to 113.92 billion Indian rupees ($1.39 billion) in the three months ended March 31, from 99.26 billion rupees a year earlier.

Analysts on average had expected a profit of 110.13 billion rupees, according to Refinitiv IBES data.

 


  - Reuters

 

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