TCS Q1 net up 19% at Rs15.3 billion
Prudent strategies like moving work offshore and judicious management of staff expenses helped software company Tata Consultancy Services Ltd (TCS) post nearly 19% growth in first quarter net profit.

For the first quarter to end-June, TCS, India's largest software company, reported a net profit of Rs15.3 billion from Rs12.9 billion as total revenues increased 12% to Rs72.1 billion...

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