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By Mauro Orru


Tata Consultancy Services Ltd. said Friday that its first-quarter net profit rose from a year earlier, but it still fell short of analysts' forecasts.

The Indian information-technology services provider said that net profit for the quarter ended June 30 climbed to 94.78 billion Indian rupees ($1.20 billion) from INR90.08 billion a year earlier. The result missed a net profit estimate of INR98.31 billion from a FactSet poll of analysts.

First-quarter revenue increased to INR527.58 billion from INR454.11 billion a year earlier.

The company declared an interim dividend of INR8 per equity share, to be paid on Aug. 3.


Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94


(END) Dow Jones Newswires

07-08-22 0740ET