Tata Consultancy Services reports 8% rise in Q2 consolidated net profit

13 Oct 2016 Evaluate

Tata Consultancy Services has reported results for second quarter ended September 30, 2016.  

The company has reported 4.11 % rise in its net profit at Rs 5958 crore for the quarter under review as compared to Rs 5723 crore for the same quarter in the previous year. Total income of the company increased by 8.41% at Rs 24191 crore for Q2FY17 as compared Rs 22315 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has reported 8.37 % rise in its net profit at Rs 6603 crore for the quarter ended September 30, 2016 as compared to Rs 6093 crore for the same quarter in the previous year. Total Income of the company has increased by 8.95 % to Rs 30341 crore for quarter under review from Rs 27848 crore for the quarter ended September 30, 2015.

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