Information technology giant TCS reported its second-quarter 2022 financial results after the regular market hours on Friday.
Total net revenue increased 4% year-over-year to INR 469 billion.
The company enjoyed a net profit of INR 96.2 billion registering a 14.1% growth, driven by broad-based demand and resilient margins.
Management guided that the demand environment is strong and is sustainable over the medium term and the margins were maintained in the quarter despite the supply-side issue but not certain for coming quarters.