Tata Consultancy Q3 net up 10.9 percent, beats estimates

That compares with the consensus profit estimate of 65.11 billion rupees by 25 analysts, according to Thomson Reuters data.

Headquarters of Tata Consultancy Services (TCS) in Mumbai. (File |Reuters)

MUMBAI:  Tata Consultancy Services Ltd , India's biggest software services company, posted a better-than-expected 10.9 percent rise in third-quarter profit, helped by demand for digital services.

Net profit rose to 67.78 billion rupees ($995 million) for the three months to Dec. 31, compared with a net profit of 61.10 billion rupees a year ago.

That compares with the consensus profit estimate of 65.11 billion rupees by 25 analysts, according to Thomson Reuters data.

Revenue rose 8.7 percent from a year earlier to 297.35 billion rupees.