By Mauro Orru
Tata Consultancy Services Ltd. said Wednesday that its third-quarter net profit rose from a year earlier but slightly missed analysts' forecasts.
The Indian information-technology services provider said net profit for the quarter ended Dec. 31 climbed to 97.69 billion Indian rupees ($1.32 billion) from INR87.01 billion a year earlier. However, the result missed a net profit estimate of INR99.64 billion from a poll of analysts by S&P Global Market Intelligence.
Third-quarter revenue rose to INR488.85 billion from INR420.15 billion a year earlier.
The company declared a third interim dividend of INR7 per equity share, to be paid on Feb. 7.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
01-12-22 0823ET