TCS eyes double-digit growth in FY19 after Q2 net profit jumps 22.6%

Continuing with its growth story, Tata Consultancy Services, the country's largest information technology services company, met the Street's expectations for the September quarter's financial numbers.
 
And, for the first time after many quarters, it reported double-digit revenue growth in constant currency (CC) terms, apart from widening the profitability.
 
In the quarter, the second one for this financial year, the Mumbai-headquartered company reported a 22.6 per cent rise in consolidated net profit at Rs 79 billion. From the earlier quarter, the net profit grew 7.6 per cent.
 
Revenues in reported currency grew 20.7 per cent to Rs 368.5