TCS net up, revenue flat sequentially in second quarter
Global software major Tata Consultancy Services (TCS) on Thursday reported Rs 6,586 crore net profit for the second quarter (July-September), registering 8.8 per cent year-on-year (YoY) growth over the like period year ago from Rs 6,055 crore.
Sequentially, net profit grew 4.3 per cent from Rs 6,317 crore in the first quarter (April-June) of fiscal 2016-17 in rupee terms.
In a regulatory filing to the stock exchanges, the Indian IT bellwether said revenue for the quarter under review (second quarter) increased to Rs 29,284 crore from Rs 27,166 crore in same period year ago, posting 7.8 per cent YoY growth but was flat (0.1 per cent) sequentially from Rs 29,305 crore in first quarter in rupee terms.
Global software major Tata Consultancy Services (TCS) on Thursday reported Rs 6,586 crore net profit for the second quarter (July-September), registering 8.8 per cent year-on-year (YoY) growth over the like period year ago from Rs 6,055 crore. 
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