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TCS Q2 net down 2.1% to Rs 6,446 cr

The Tribune 2017-10-13 00:55:41

Tata Consultancy Services (TCS) today said its net profit fell 2.1% to Rs 6,446 crore in the September quarter of the current fiscal. TCS registered revenues at Rs 30,541 crore in the second quarter of 2017-18, up 4.3% from Rs 29,284 crore in the year-ago period.  “We experienced robust volume growth in Q2, driven by good demand across multiple industry verticals... Large deal wins this quarter, a good pipeline, and bottoming out of the retail sector softness positions us well,” TCS CEO and MD Rajesh Gopinathan said. — PTI

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