TCS disappoints with a 14.2% rise in net profit; warns of bad FY17

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Mumbai: Software major TCS on Tuesday reported a lower-than-expected 14.2 percent growth in net profit at Rs 6,083 crore for October-December quarter and warned of a not-so-rewarding final numbers for the fiscal year.
The Tata group company’s revenues rose by 11.7 percent under the Indian GAAP system of accounting over the past year to Rs 27,364 crore.

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