TCS Reports Q2 Profit of ₹11,909 Crore

Mumbai: Tata Consultancy Services (TCS), one of India’s leading IT services firms, has reported a profit of ₹11,909 crore for the second quarter of the fiscal year, marking a 5% increase year-on-year. This financial performance showcases the company’s resilience and strong market position despite the ongoing global economic challenges.

The growth in profit can be attributed to several factors, including an increase in demand for digital services and ongoing projects across various sectors. TCS has been focusing on expanding its cloud services and digital transformation offerings, which have contributed significantly to its revenue streams. The company’s consistent investments in innovation and technology have also helped it stay competitive in a rapidly evolving market.