TCS net jumps 50 percent; beats estimates

TCS net jumps 50 percent; beats estimates

Beating street expectations again, Indian IT bellwether Tata Consultancy Services Ltd (TCS) reported net profit of Rs.5,314 crore for third quarter (October-December) of this fiscal (2013-14), a whopping 50 percent increase year-on-year (YoY) and 13 percent sequentially, as per the Indian accounting standard. In a statement after the markets closed for the day, the global […]