Tata Consultancy Services (TCS), India’s largest IT services company, has reported a 1.95 per cent increase in net profit to Rs 11,058 crore for the third quarter (Q3) ending December 2023 against Rs 10,846 crore in the same period a year ago after the company provided for a legal claim in the US.
The profit included the one-time charge of $125 million towards settlement of the legal claim, it said.
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