Tata Consultancy Services Ltd. (TCS.NS), India’s leading IT exporter, posted a higher-than-expected fourth-quarter profit on Wednesday due to strong demand for digital services amid a difficult macroeconomic environment.
In the three months ending March 31, the company’s net profit grew to 113.92 billion Indian rupees ($1.39 billion) from 99.26 billion a year earlier.
Refinitiv IBES data showed analysts projected 110.13 billion rupees.
