TCS Q4 profit beats Street estimates, jumps 18% to Rs 8,126 crore

NEW DELHI: India’s largest IT firm TCSNSE 1.43 % on Friday reported a 17.70 per cent year-on-year (YoY) jump in March quarter profit at Rs 8,126 crore, which was better than Rs 7,981 crore estimated by analysts in an ET NOW poll.

The IT major had reported Rs 6,904 crore profit in the same quarter a year ago.

Net sales for the quarter climbed 18.5 per cent to Rs 38,010 crore from Rs 32,075 crore last year.