(Corrects to 9.58 billion rupees, from 9.85 billion rupees, in paragraph 6)
BENGALURU (Reuters) -Tata Consultancy Services, India’s No.1 software services exporter, reported a better-than-expected increase in third-quarter revenue, helped by the strong performance in the U.K.
Consolidated revenue rose to 605.83 billion rupees ($7.30 billion) in the three months to Dec. 31 from 582.29 billion rupees a year earlier, TCS said in an exchange filing.
Analysts on average were expecting revenue of 601.47 billion rupees, according to LSEG data.
Revenue in its U.K. market grew 8.1%, but declined 3% in North America, due to extended furloughs and clients cutting discretionary spending amid macroeconomic challenges.
TCS secured deals worth $8.10 billion in the quarter, down from the $11.2 billion in July-September.
Consolidated profit rose 2% to 110.58 billion rupees, including an impairment charge of 9.58 billion rupees. ($1 = 83.0100 Indian rupees)
(Reporting by Sai Ishwarbharath B, Varun Vyas, and Haripriya Suresh in Bengaluru; Editing by Dhanya Ann Thoppil)
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