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Posted at: Oct 12, 2018, 12:15 AM; last updated: Oct 12, 2018, 12:15 AM (IST)

TCS net profit rises 23% to Rs 7,901 cr in Q2

Mumbai, October 11

The country’s largest software exporter TCS today reported a 22.6% jump in consolidated net profit at Rs 7,901 crore in the July-September 2018 quarter, buoyed by strong demand for digital services.

It saw a revenue growth of 20.7% at Rs 36,854 crore in the September quarter, up from Rs 30,541 crore a year ago. Its earning per share for the quarter was at Rs 20.66.

TCS CEO and MD Rajesh Gopinathan said, “We are very pleased with our all-round strong performance in Q2. Revenue growth was driven by expanding demand for digital transformation across verticals, and continued acceleration in banking, financial services and insurance and retail.” It  has declared a dividend of Rs 4 per share. — PTI


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