TCS Q3 results: Net profit jumps by 11.59% to ₹12,380 crore

Tata Consultancy Services (TCS) on Thursday reported a nearly 12 per cent jump in net profit to ₹12,380 crore in the third quarter. The IT services major had reported a net profit of ₹11,058 crore in the year-ago period and ₹11,909 crore a quarter earlier.

According to the Q3 results, TCS' total income increased by 6.13 per cent to ₹65,216 crore in the quarter from ₹61,445 crore in the year-ago period and was higher than the preceding September quarter's ₹64,988 crore. The overall expenses grew 6.33 per cent to ₹48,550 crore from the ₹45,658 crore in the year-ago period.