💨 Abstract

Tata Consultancy Services (TCS), India's largest IT firm, reported a 4.99% increase in net profit for Q2, up to Rs 11,909 crore, despite a narrowing profit margin. Revenues rose 7.06% to Rs 64,988 crore, with the banking, financial services and insurance verticals showing signs of recovery.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖