It had posted a net profit of Rs 6,317 crore in the corresponding three-month period of the 2016-17 fiscal, the Mumbai-based firm said in a BSE filing.
The company, however, posted a marginal increase of 1 per cent in its consolidated revenue at Rs 29,584 crore during the quarter as against Rs 29,305 crore in the year-ago period.
When compared to the January-March 2017 quarter, its net profit during the period under review fell 10 per cent, while revenue slipped 0.2 per cent.
"We remain disciplined in our financial management, stay focused on generating strong cash flows and invest in our digital business," he said.
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Despite the impact of wage hikes in the first quarter, TCS continues to drive profitability to its targeted range, Ramakrishnan added.
TCS CEO and MD Rajesh Gopinathan said the company has seen steady growth across industries in the first quarter of the fiscal.
"We have had excellent wins across all markets and have a good deal pipeline across industries that positions us well for growth in FY18," he added.
Tata Consultancy Services added 11,202 (gross) employees during the quarter under review, taking its total headcount to over 3.85 lakh.