MUMBAI (Reuters) - Tata Consultancy Services Ltd, India’s biggest software services company, posted a better-than-expected 10.9 percent rise in third-quarter profit, helped by demand for digital services.
Net profit rose to 67.78 billion rupees ($995 million) for the three months to Dec. 31, compared with a net profit of 61.10 billion rupees a year ago.
That compares with the consensus profit estimate of 65.11 billion rupees by 25 analysts, according to Thomson Reuters data.
Revenue rose 8.7 percent from a year earlier to 297.35 billion rupees.
($1 = 68.0950 Indian rupees)
Reporting by Sankalp Phartiyal; Editing by Sunil Nair