MUMBAI (Reuters) - Tata Consultancy Services Ltd, India's biggest software services exporter, on Thursday posted a 5.1 rise in quarterly profit as its main U.S. and Europe clients increased tech spending in a seasonally weak quarter.
Net profit for the three months to Dec. 31, its financial third quarter, rose to 54.44 billion rupees ($877 million), the Mumbai-based company disclosed in tweets on its official Twitter handles on Thursday.
Analysts, on average, were expecting profit at 54.71 billion rupees, according to Thomson Reuters I/B/E/S.
The year-end holidays usually mean weaker third-quarter sales for IT services firms, and TCS said in December it expected quarterly profit to be "in line with seasonal trends".
($1 = 62.0800 Indian rupees)
(Reporting by Nivedita Bhattacharjee in Mumbai; Editing by Biju Dwarakanath)
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