TCS Q2 net profit up 4.9% at ₹8,433 cr; announces ₹16,000-crore buyback plan

India’s largest software services firm Tata Consultancy Services on October 7 reported 4.9% rise in consolidated net profit to ₹8,433 crore for the September 2020 quarter, and announced up to ₹16,000 buyback plan. The net profit excluded ₹1,218 crore-provision towards legal claim. Including this number, the net profit was at …

Read moreTCS Q2 net profit up 4.9% at ₹8,433 cr; announces ₹16,000-crore buyback plan