TCS surges after April-June earnings beat estimates

TCS said consolidated net profit for the quarter ended June 30 rose to 38.31 billion Indian rupees from 32.8 billion rupees a year earlier.

July 19, 2013 / 10:00 IST

Shares in Tata Consultancy Services Ltd , India's largest software services exporter, surged 3.5 percent in pre-open trading on Friday, a day after posting April-June earnings that beat estimates and maintaining an upbeat outlook.

TCS said consolidated net profit for the quarter ended June 30 rose to 38.31 billion Indian rupees from 32.8 billion rupees a year earlier.

That topped the 37.8 billion rupees average of 24 analyst estimates, according to Thomson Reuters I/B/E/S.

Catch the management's outlook for the company here

first published: Jul 19, 2013 09:55 am

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