TCS shares fall 4% as Q1 earnings miss estimates
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Shares of Tata Consultancy Services (TCS) dropped over 4 per cent to Rs 3,111 apiece on the BSE on Monday as investors exited the counter after the company reported a soft June quarter (Q1FY23).

While TCS beat Street estimates on the revenue front, reporting a 16.2 per cent increase on a yearly basis to Rs 52,758 crores, the net profit rose by 5.2 per cent to Rs 9,850 crore, which came below expectations.

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TCS shares fall 4% as Q1 earnings miss estimates

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