TCS Q3 net grows 24.1% to Rs 8,105 cr

The country's largest software exporter TCS reported 24.1 per cent growth in net profit at Rs 8,105 crore for the quarter ended December 2018.

The company had posted a net profit of Rs 6,531 crore in the same period last fiscal as per Indian accounting norms.

The Tata Group firm, which accounts for the lion's share of the group's overall profit, reported a revenue growth of 20.8 per cent at Rs 37,338 crore for the said quarter, up from Rs 30,904 crore a year earlier.

Revenue growth stood at 12.1 per cent on constant currency basis.

"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," TCS Chief Executive Officer and Managing Director Rajesh Gopinathan said in a statement.