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

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

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)

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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