Medilytix Bureau:

TCS, India’s largest IT services company and the second most valuable firm, on January 12 reported a consolidated net profit of Rs 9,769 crore for the quarter ended December 2021 (Q3FY22), registering a 12.3 percent year-on-year (YoY) growth.

The company had reported a consolidated profit after tax (PAT) of Rs 8,701 crore in the corresponding quarter last year. In the September quarter, PAT stood at Rs 9,624 crore.

Its consolidated revenue during the September-December period stood at Rs 48,885 crore, up 16.4 percent from the year-ago quarter, with healthy double digit growth across business verticals, led by strong deal wins and an increase in digital spends by corporates.

USD revenue for the quarter came in at USD 6,524 million up 14.4 percent YoY and 3 percent QoQ.

The growth in revenues in constant currency terms was 15.4 percent on a yearly basis and 4 percent on a sequential basis.

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