TCS -- India's largest IT firm -- on Wednesday kicked off a new earnings season for India Inc. The Tata group IT giant's standalone net profit declined 5.4 per cent sequentially, worse than analysts' expectations.

Here are five key takeaways from the Tata group IT giant's latest quarterly results:

Top and bottom lines

TCS registered a net profit of Rs 12,075 crore for the quarter ended September 30, as against a net profit of Rs 12,760 crore for the first three months of the financial year. That was short of analysts' expectations.

Add Zee Business as a Preferred Source

According to Zee Business research, the Mumbai-based IT company was estimated to log a net profit of Rs 12,744 crore for the September quarter.

Tata Consultancy Services' second-quarter revenue grew 3.7 per cent on a

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