TCS profit rises by 12.3% to Rs 9,769 crore in Q3
Zee News
TCS' consolidated net profit during the third quarter of the current financial year rose to Rs 9,769 crore, which is 12.3 per cent higher from Rs 8,701 crore recorded in the corresponding period of 2020-21.
Tata Consultancy Services (TCS), the country`s largest IT firm, on Wednesday announced that its consolidated net profit during the third quarter of the current financial year rose to Rs 9,769 crore, which is 12.3 per cent higher from Rs 8,701 crore recorded in the corresponding period of 2020-21.
The company posted a total revenue of Rs 48,885 crore during October-December 2021 quarter, registering year-on-year growth of 16.3 per cent.
TCS Board of Directors on Wednesday recommended a buyback of shares to the tune of Rs 18,000 crore at Rs 4,500 per share.
