Tata Consultancy Services Ltd., India's largest software exporter by revenue, said profit slipped slightly in its latest quarter.
The company said Thursday its profit was 65.31 billion rupees ($1.02 billion) in the three months ended Dec. 31, compared with 67.78 billion rupees a year earlier.
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That was marginally higher than the 65 billion rupees consensus estimate of analysts surveyed by Thomson Reuters.
Revenue grew 3.9% to 309.04 billion rupees.
The company expects better performance this year. "We are well placed for stronger growth ahead," Chief Executive Rajesh Gopinathan said in a statement.
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(END) Dow Jones Newswires
January 11, 2018 08:11 ET (13:11 GMT)