India’s largest IT services firm Tata Consultancy Services (TCS) on Friday reported a 5.2 percent year-on-year rise in consolidated net profit to Rs. 9,478 crore for the first quarter ended June 30. The consolidated revenue from operations increased 16.2 percent year-on-year to Rs. 52,758 crore in the first quarter of FY23.
TCS has declared an interim dividend of Rs. 8 per equity share of Re. 1 each.
TCS Chief Executive Officer and Managing…