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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.
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