TCS net up 23.5% in Q1

Mumbai : Tata Consultancy Services (TCS) on Tuesday reported Rs 7,340 crore net profit for the first quarter of fiscal 2018-19, registering 23.5 per cent annual and 6.3 per cent sequential growth.

In a regulatory filing on the BSE, the city-based IT major said revenue grew 15.8 per cent annually and 6.8 per cent quarterly to Rs 34,261 crore.