TCS said the income from operations rose 4.3% to Rs30,541 crore. Photo: Mint
Bengaluru: India’s biggest software services exporter, Tata Consultancy Services Ltd (TCS), reported a 2% decline in second-quarter profit on Thursday hurt by higher expenses.
Net profit attributable to shareholders was Rs6,446 crore ($990 million) in the three months to 30 September, TCS said in a stock exchange filing.
Analysts on average had expected a profit of Rs6,306 crore, Thomson Reuters data showed.
Income from operations rose 4.3% to Rs30,541 crore. Reuters