India's biggest software exporter, Tata Consultancy Services on Thursday posted 22.57 per cent YoY rise in profit at Rs 7,901 crore for the second quarter, largely in line with Rs 7,929 crore estimated by analysts in an ET Now poll. The Mumbai-headquartered company reported a net profit of Rs 6,646 crore for the quarter to September last year.Revenue for the quarter rose to Rs 36,854 crore compared with Rs 30,541 crore in the corresponding quarter last year.The company declared a second interim dividend of Rs 4 per share, payable to shareholders whose names appear on the register of members of the company or in the records of the depositories as beneficial owners of the shares as on October 24, the company said in a BSE filing.More to come...
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