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Tata Consultancy Services (TCS) has recorded an increase in its revenue and net profit. The first quarter performance of the company is being seen as quiet satisfactory.
Country's largest software services provider has registered a net profit of Rs 3,830 crore,up 5.9% QoQ.
Similarly, the EBIDTA of the company has witnessed a 28.6% rise. It has been been reported at Rs 5,144 crore.
The net revenue of the company stands at Rs 17,987 crore. Investment in Eorope continue to gain strong traction.
Attrition is also at a record low of 10%,aided by major wage hikes.
Further details awaited...
