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Tata Consultancy says confident about next fiscal year

Source : REUTERS
Last Updated: Mon, Jan 14, 2013 12:40 hrs
Logos of TCS are displayed at the venue of the annual general meeting of the software services provider in Mumbai

BANGALORE (Reuters) - Tata Consultancy Services, India's top software services provider, is "very confident" heading into the current quarter and the fiscal year ending March 2014, Chief Executive N Chandrasekaran told reporters on Monday.

The company posted a stronger-than-expected 23 percent rise in quarterly profit for the three months ended December 31, fuelling hopes of a broad pickup in tech spending, after unexpectedly strong results from rival Infosys on Friday.

(Reporting By Harichandan Arakali; Editing by Jijo Jacob)

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