MUMBAI (Reuters) - Tata Consultancy Services Ltd, India's largest software services exporter, on Tuesday reported a 12.2 percent increase in quarterly net profit, beating estimates, as it won more outsourcing deals from its western clients.
The company, part of India's diversified Tata conglomerate, reported a net profit of 61.1 billion rupees ($913.8 million) in the October-December quarter, up from 54.4 billion rupees a year earlier.
Analysts were expecting a profit of 59.97 billion rupees in the three month period ended Dec. 31.
($1 = 66.8618 rupees)
(Reporting by Himank Sharma; Editing by Anand Basu)
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