India's TCS beats Q1 revenue estimates-July 2024-www.financetom.com

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India's TCS beats Q1 revenue estimates

Jul 11, 2024 3:43 AM

BENGALURU (Reuters) - Tata Consultancy Services, India's top IT services company, reported a bigger-than-expected first-quarter revenue on Thursday helped by execution of large deals bagged in previous quarters.

The company's consolidated revenue rose 5.4% to 626.13 billion rupees ($7.50 billion) in the June quarter. Analysts, on average, expected revenue at 622.07 billion rupees, as per LSEG data.

($1 = 83.5320 Indian rupees)

(Reporting by Sai Ishwarbharath B)

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