By Mauro Orru

Tata Consultancy Services Ltd. said Friday that its third-quarter net profit increased from a year earlier, and declared a third interim dividend.

The Indian information-technology services provider said net profit for the quarter ended Dec. 31 rose to 87.01 billion Indian rupees ($1.18 billion) from INR81.18 billion a year earlier. The result beat a net profit estimate of INR84.12 billion from a poll of analysts by S&P Global Market Intelligence.

Third-quarter revenue climbed to INR420.15 billion from INR398.54 billion a year earlier.

"Growing demand for core transformation services and strong revenue conversion from earlier deals have driven a powerful momentum that helped us overcome seasonal headwinds and post one of our best performances in a December quarter," Chief Executive Rajesh Gopinathan said.

The company also declared a third interim dividend of INR6 per equity share, to be paid on Feb. 3.

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

(END) Dow Jones Newswires

01-08-21 0809ET