TCS signs 15-yr deal for Ireland's new pension scheme; stock rises

/2 min read

ADVERTISEMENT

TCS will deliver a comprehensive digital solution to facilitate the automatic enrolment of around 800,000 workers in Ireland
TCS signs 15-yr deal for Ireland's new pension scheme; stock rises
At the time of reporting, TCS shares were trading at ₹4,092.70, with a market cap of ₹14,80,774.68 crore. Credits: Sanjay Rawat

Tata Consultancy Services (TCS) posted a 5% year-on-year (YoY) increase in net profit, reaching ₹11,909 crore, up from ₹11,074 crore in the same period last year. This figure, however, was below market expectations of ₹12,450 crore. Sequentially, TCS's profit saw a dip from ₹12,040 crore in the April-June quarter. Revenue from operations increased by 7.6% YoY, reaching ₹64,249 crore compared to ₹59,381 crore in the corresponding quarter a year ago.

Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.

Related Tags