TCS net profit marginally up at Rs 8,118 cr in Dec quarter

Mumbai: TCS on Friday reported a muted 0.2% growth in consolidated net profit at Rs 8,118 crore for the third quarter ended December 2019. Revenue grew 6.7% to Rs 39,854 crore from Rs 37,338 crore in the corresponding period of the last fiscal. "We saw the sectoral trends of the first half of the year continue to play out in the third quarter. Our robust order book during the quarter reflects our ability to pitch innovative technology solutions to address the business needs of different stakeholders in the enterprise, and participate in our customers' enterprise-wide transformation initiatives," TCS CEO Rajesh Gopinathan said. PTI