TCS net dips 4 per cent in Q3

Last Updated: Thu, Jan 11, 2018 18:36 hrs
Logos of TCS are displayed at the venue of the annual general meeting of the software services provider in Mumbai

Mumbai: Global software major Tata Consultancy Services (TCS) on Thursday reported 4 per cent annual decline in net profit to Rs 6,545 crore for the third quarter of 2017-18 from Rs 6,814 crore in same period last year.

In a regulatory filing on the BSE, the IT major said total income for the quarter under review (Q3), however grew 2.7 per cent annually to Rs 31,774 crore from Rs 30,927 crore in the like period year ago.

Sequentially, net profit and income grew 1.3 per cent from Rs 6,460 crore and Rs 31360 crore.

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