TCS rises after April-June earnings beat estimates
TCS said consolidated net profit for the quarter ended June 30 rose to 38.31 billion rupees.
Written by Reuters
Mumbai |
1 min read
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Shares in Tata Consultancy ServicesTCS.NS,India8217;s largest software services exporter,rose 5 percent on Friday,a day after posting April-June earnings that beat estimates and maintaining an upbeat outlook.
TCSsaid consolidated net profit for the quarter ended June 30 rose to 38.31 billion rupees from 32.8 billion rupees a year earlier. That topped the 37.8 billion rupees average of 24 analyst estimates,according to Thomson Reuters I/B/E/S.
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