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TCS Q1 result 2018: TCS beats market expectations with 24% rise in Q1 profit

| Jul 10, 2018, 08:22:11 PM | TNN
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India's largest IT services exporter Tata Consultancy Services declared its first quarter results on 10th July 2018. The company reported a 24% rise in its Q1 profit to Rs 7,340 crore. In the first quarter of FY18, the company had reported a profit of Rs 5,945 crore. The company has comfortably beaten street estimates with its strong showing. TCS has declared an interim dividend of Rs 4 per share. TCS strong showing is the result has come about on the back of splendid performance of its banking, financial services and insurance divisions.

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