TCS Q3 net profit rises to ?8,118cr in Q3; revenue up 6.7%.
Upward and Forward: Indian IT behemoth Tata Consultancy Services (TCS) today reported marginal rise (0.2%) in net profit to ?8,118cr ($1,147m) for Q3. Revenue was up 6.7% YoY to ?39,854cr ($5,631m).
In terms of constant currency, revenues grew 6.8% year on year, with operating margin expanding to 25%.
TCS also announced interim dividend of ?5 per share. Business Today
The oil-to-telecom conglomerate Reliance Industries Ltd (RIL) is scheduled to report its Q3 earnings on Friday. RIL is likely to report muted earnings growth in Q3 as gains from its telecom and retail arm will be offset by weakness in its refining and petrochemicals business, noted analysts. Business Today
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