TCS Q3 FY21 Results: TCS Profit Beats Estimates In Q3 On Higher Demand For Cloud Computing
TCS and rivals, Infosys and Wipro, have been winning more large contracts from businesses during Q3. Tata Consultancy Services (TCS) on Friday reported a 7.2 per cent jump in its profit for the final quarter of 2020, as India's top software services firm benefitted from greater demand for its cloud services during the Covid-19 pandemic. ( The results kick off India's corporate earnings season for the December quarter, a seasonally weak period for the software industry, but one which analysts reckon has been good for IT firms in 2020 because in part due to the Covid-19 crisis. TCS and rivals, ...
Source: ndtv.com