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HomeEconomyIndia's TCS third-quarter revenue tops estimates

India’s TCS third-quarter revenue tops estimates

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BENGALURU (Reuters) – Tata Consultancy Services, India’s No.1 software-services exporter, reported a better-than-expected increase in third-quarter revenue.

Consolidated revenue rose to 605.83 billion rupees ($7.30 billion) in the three months to Dec. 31 from 582.29 billion rupees a year earlier, TCS said in an exchange filing.

Analysts on average were expecting revenue of 601.47 billion rupees, according to LSEG data.

($1 = 83.0100 Indian rupees)

(Reporting by Sai Ishwarbharath B, Varun Vyas, and Haripriya Suresh in Bengaluru; Editing by Dhanya Ann Thoppil)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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