TCS logs revenue and profit gains on wave of financial sector orders

Indian IT earnings season kicks off with strong results expected from peers

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Tata Consultancy Services' strong earnings are seen as a bellwether for other big providers of information technology services in India. (Source photos by AP and Getty Images)

ROSEMARY MARANDI, Contributing writer

MUMBAI -- Tata Consultancy Services, India's largest software services exporter, on Monday said profit edged up in the year ended March, helped by a strong order book from international clients, especially in banking, financial services and insurance.

The company reported a 0.26% rise in annual profit after taxes to 325.62 billion rupees ($4.3 billion), thanks to a strong gain in the January-March quarter. Full-year total revenue grew 3.72% to 1.67 trillion rupees.

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