TCS rakes in over Rs 27k Crores in Q2

Indian IT services company Tata Consultancy Services reported a 3% sequential revenue growth in Q2. The company fell short of the higher expectations set by Infosys.

TCS' revenue grew by 3% to $4.2 billion. The net profit rose 3.2% sequentially to $926 million. The company reported an operating margin of 27.1%. That’s an improvement of 78 basis points sequentially.

This average growth may end up hampering TCS’ growth aspirations.

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