Friday, 24 March, 2023

TCS's net profit jumps by 7.4% in March quarter

<p>For the quarter ended March 2022, Tata Consultancy Services reported a 7.4% increase in net profit. During a three-month period, India&#39;s top software services provider recorded its highest ever incremental deal wins. TCS&#39; annualised BFSI revenue across services and platforms crossed $10B, as per management, owing to strong demand across all markets. After two quarters of comparatively low deal total contract value (TCV), the firm recorded an order book of $11.3B.</p>