TCS reports marginal fall in Q2 consolidated net profit

12 Oct 2017 Evaluate

Tata Consultancy Services (TCS) has reported results for second quarter ended September 30, 2017

The company has reported a fall of 3.56% in its net profit at Rs 5,746 crore for the quarter under review as compared to net profit of Rs 5,958 crore for the same quarter in the previous year. However, total income of the company increased by 2.68% at Rs 24,839 crore for Q2FY18 as compared Rs 24,191 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported 2.13% fall in its net profit at Rs 6,446 crore for the quarter ended June 30, 2017 as compared to Rs 6,586 crore for the corresponding quarter in the FY17. However, total income of the company increased by 3.36% at Rs 31,360 crore for quarter under review as compared to Rs 30,341 crore for the same quarter in the previous year.


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