TCS March Quarter Profit At Rs 8,126 Crore, Beats Analysts' Estimates

INSUBCONTINENT EXCLUSIVE:
Tata Consultancy Services (TCS) on Friday reported a net profit of Rs 8,126 crore for the quarter ended March 31, 2019, beating analysts'
estimates
That marked a growth of 0.3 per cent from its record net profit of Rs 8,105 crore reported for the previous quarter
agency Reuters reported citing Refinitiv Eikon data.In a regulatory filing post-market hours on Friday, TCS reported a revenue of Rs 38,010
crore
31, the company's revenue stood at Rs 146,463 crore, marking a growth of 19 per cent compared to the previous year
apiece on the NSE, ahead of the earnings announcement by the IT major
The stock underperformed the broader markets which rose 0.4 per cent, closing higher for a second straight day.TCS said it clocked a net
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