TCS Q3 profit jumps 24% YoY to Rs 8,105 crore, revenue highest in 14 quarters

TCS, India’s largest IT firm by revenue, on Thursday reported a 24.1 per cent rise in YoY profit at Rs 8,105 crore for the December quarter 

Analysts in an ETNOW poll has estimated the profit at Rs 8,150 crore. 

The IT major had reported Rs 6,531 crore profit in the same quarter last year. 

Revenue for the quarter rose 20.80 per cent YoY to Rs 37,338 crore, the company said in a BSE filing. 

"We are wrapping up 2018 with a strong revenue growth of 12.1 per cent in the December quarter, which is the highest in 14 quarters, with continued growth acceleration in key verticals and across all geographies,” said Chief Executive Officer and Managing Director, Rajesh Gopinathan.