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via rediff.comBusiness & Companies

TCS Reports Strong Q2 Earnings: Net Profit Up 15% to Rs 13,884 Crore

FROM THE WIRE · REDIFF.COM

Tata Consultancy Services (TCS) announced a 15 per cent increase in net profit, reaching Rs 13,884 crore for the September quarter, driven by an 11.22 per cent rise in revenue from operations.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishIn-line results from India's IT major support sentiment on the domestic tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net profit rose 15% to Rs 13,884 crore in the September quarter.
  2. 02Revenue from operations increased 11.22% in the same period.
  3. 03Strong results reflect the strength of IT and consulting services divisions.

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