MUMBAI -- India's two largest IT services providers, Tata Consultancy Services (TCS) and Infosys, reported strong profit growth in the October-December quarter on Wednesday after a spate of big deals as global clients step up information technology spending and digitize business operations.
At Mumbai-based TCS, revenue surged 16.3% on the year to 488.85 billion rupees ($6.62 billion), while net profit edged up 12.2% to 97.6 billion rupees as the company notched double-digit growth from services provided to financial services, retail, manufacturing and the life sciences businesses.
