Tata Consultancy Services Ltd.
60.10 (1.92%) TCS reports 4% fall in Q3 consolidated net profit
Date: 12-01-2018Tata Consultancy Services (TCS) has reported results for third quarter ended December 31, 2017.
The company has reported a marginal fall of 0.25% in its net profit at Rs 6,069 crore for the quarter under review as compared to net profit of Rs 6,084 crore for the same quarter in the previous year. However, total income of the company increased by 3.16% at Rs 25,321 crore for Q3FY18 as compared Rs 24,545 crore for the corresponding quarter previous year.
On consolidate basis, the company has reported 3.64% fall in its net profit at Rs 6,531 crore for the quarter ended December 31, 2017 as compared to Rs 6,778 crore for the corresponding quarter in the FY17. However, total consolidated income of the company increased by 2.74% at Rs 31,774 crore for quarter under review as compared to Rs 30,927 crore for the same quarter in the previous year.