TCS Profit Rises In June Quarter On Higher Demand For Cloud Services: Key Highlights

The Mumbai-based IT services company's net profit in the first quarter of the current fiscal rose 28.5 per cent to Rs 9,008 crore, compared to Rs 7.008 crore in the corresponding quarter in the year-ago period.  The company's revenue from operations in the June quarter stood at Rs 45,411 crore on a consolidated basis, compared to Rs 38,322 crore, marking a growth of 18.5 per cent year-on-year. TCS said in its statement that the c...