TCS net profit up 72.7% to ₹6,413 crore
The consolidated net profit of IT services major Tata Consultancy Services (TCS) for the quarter ended March surged 72.7% year-on-year to ₹6,413 crore. The company's revenue for the quarter rose 17.5% to ₹28,449 crore. For the entire fiscal 2015-16, the profit stood at ₹24,292 crore, up 22.4% from 2014-15. Further, the company announced a final dividend of ₹27 per share.