Tata Consultancy Services (TCS) has reported results for first quarter ended June 30, 2017.
The company has reported 15.44% jump in its net profit at Rs 6,670 crore for the quarter under review as compared to Rs 5,778 crore for the same quarter in the previous year. The total income of the company increased by 7.58% at Rs 25,890 crore for Q1FY18 as compared Rs 24,066 crore for the corresponding quarter previous year.
On consolidate basis, the company has reported 5.82% fall in its net profit at Rs 5,950 crore for the quarter ended June 30, 2017 as compared to Rs 6,318 crore for the corresponding quarter in the FY17. However, total consolidated income of the company increased marginally by 0.87% at Rs 30,543 crore for quarter under review as compared to Rs 30,280 crore for the same quarter in the previous year.
TCS is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. The company offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services.