Tata Consultancy Services, India’s largest IT agency, on Friday reported a 14.12 per cent rise in consolidated internet revenue at Rs 9,624 crore for the quarter ended September 2021 as towards Rs 8,433 crore logged in the identical quarter of final yr.
Its consolidated income through the July-September interval elevated by 16.8 per cent to Rs 46,867 crore, up from Rs 40,135 crore registered a yr in the past, pushed by ramp-up so as books, restoration in India enterprise and enhance in digital spends by corporates.
Rajesh Gopinathan, MD and CEO, mentioned: “The strong and sustained demand environment is a once-in-a-decade opportunity to position ourselves as the preferred growth and transformation partner for our customers.”
TCS shares gained 1.10 per cent at Rs 3,935.30 on the BSE on Friday.
“We are using the growth tailwind to invest in strengthening relevant capabilities and building out a comprehensive portfolio of offerings that caters to a broader set of stakeholders in the enterprise across business cycles, strengthening our brand, and making our business more resilient. We believe this is the most sustainable pathway to create longer term value for all our stakeholders,” Gopinathan mentioned. All verticals confirmed double-digit YoY progress. All main markets confirmed sturdy progress, led by North America (17.4 per cent).
