India's Tata Consultancy Q3 profit misses view

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India's Tata Consultancy Q3 profit misses view
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BENGALURU : India's Tata Consultancy Services Ltd on Monday reported a lower-than-expected profit for the third quarter, as clients tightened spending amid a challenging macro-economic environment that prompted the country's top IT exporter to reduce its workforce. TCS is the first among its peer

BENGALURU : India's Tata Consultancy Services Ltd on Monday reported a lower-than-expected profit for the third quarter, as clients tightened spending amid a challenging macro-economic environment that prompted the country's top IT exporter to reduce its workforce.

The company also said it would pay shareholders a special dividend of 67 rupees a share on top of an interim dividend of 8 rupees.

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