TCS January-March net profit grows by 4.2% to `6,608 crore

The country's largest software exporter TCS on Tuesday reported 4.2 per cent growth in net profit at Rs 6,608 crore for the quarter ended March 2017. The company had reported net profit of Rs 6,340 crore in the same period last fiscal as per Indian accounting norms. The Tata Group company, which accounts for more than 60 per cent of the group's overall profit, reported a revenue growth of 4.2 per cent at Rs 29,642 crore for the said quarter, up from Rs 28,449 crore a year earlier.