TCS reports 9% rise in Q1 consolidated net profit

Tata Consultancy Services (TCS) has reported results for first quarter ended June 30, 2016.

The company has reported 2.57% rise in its net profit at Rs 5778 crore for the quarter ended June 30, 2016 as compared to Rs 5633 crore for the same quarter in the previous year. The company’s total income has increased by 12.77% to Rs 24066 crore for the quarter under review from Rs 21340 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 9.44% rise in its net profit at Rs 6318 crore for the quarter ended June 30, 2015 as compared to Rs 5773 crore for the same quarter in the previous year. Total income of the company has increased by 14.49% at Rs 30280 crore for quarter under review as compared to Rs 26447 crore for the quarter ended June 30, 2015.