TCS' consolidated bottom-line for the quarter ended September fell to Rs 12,075 crore. (Image: TCS/Instagram) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Tata Consultancy Services Ltd. reported a 5.4% fall in net profit for the second quarter, in line with estimates, while revenue advanced sequentially.

The consolidated bottom-line for the quarter ended September fell to Rs 12,075 crore from Rs 12,760 crore in the preceding quarter. Bloomberg had estimated the profit at Rs 12,568 crore.

The company recorded exceptional charges of Rs 1,135 crore, incurred as restructuring expenses.

The IT major's revenue rose 3.7% sequentially to Rs 65,799 crore during the quarter under review, from Rs 63,437 crore in the April-June period. The analysts' consensus estimate tracked by

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