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INFY - Infosys News Story

$18.38 -0.2  -1.2%

Last Trade - 07/05/21

Sector
Technology
Size
Large Cap
Market Cap £56.10bn
Enterprise Value £54.07bn
Revenue £9.82bn
Position in Universe 164th / 6858

India's TCS reports 15% rise in March-quarter profit

Mon 12th April, 2021 2:19pm
BENGALURU, April 12 (Reuters) - Tata Consultancy Services
Ltd  TCS.NS  reported a 14.9% rise in March-quarter profit on
Monday, as India's top IT services firm benefited from an uptick
in cloud services demand during the COVID-19 crisis. 
    The company's consolidated profit for the quarter came in at
92.46 billion rupees ($1.23 billion), compared with 80.49
billion rupees a year earlier.
    Its consolidated revenue rose 9.4% to 437.05 billion rupees,
and it recommended a final dividend of 15 rupees per share.
    
($1 = 75.0190 Indian rupees)

 (Reporting by Soumyajit Saha in Bengaluru; Editing by Aditya
Soni)
 ((Soumyajit.Saha@thomsonreuters.com;))
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