India's TCS misses Q3 revenue estimate as N.America market drags
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU/MUMBAI (Reuters) -Tata Consultancy Services, India's largest software company, posted a smaller-than-expected third-quarter revenue on Thursday as its key North America market underperformed for the fifth consecutive quarter.
TCS Q3 Results: Profit rises 12% YoY to Rs 12,380 crore, in-line with estimates
Results: Tata Consultancy Services (TCS) reported a 12% rise in consolidated net profit for the December quarter, reaching Rs 12,380 crore, compared to the previous year's Rs 11,058 crore. The company declared an interim dividend of Rs 10 per share and a special dividend of Rs 66 per share.
TCS Q3 order book grows 26% YoY to $10.2 billion, highest in past five fiscal years
Geographically, demand was led by India market, which grew 70.2 percent YoY in constant currency (CC) terms, followed by MEA at 15 percent, Asia Pacific at 5.8 percent and Latin America at 7 percent.
India's TCS misses Q3 revenue estimate
Tata Consultancy Services , India's largest software company, posted a smaller-than-expected third-quarter revenue on Thursday as clients pared tech spends on account of macro-economic uncertainty.
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TCS Q3 Results Live Updates: Net profit rises 12% YoY to ₹12,380 crore, revenue at ₹63,973 crore
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