Tata Consultancy service(TCS) reported consolidated net profit of Rs. 6,318 crore for the June quarter ended (Q1FY17), registering marginal decline of 0.45% quarter-on-quarter (qoq). However, the company reported 9.44% growth in the corresponding quarter of the previous year.

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The consolidated total income stood at Rs. 29,305 crore, witnessing 3% qoq and 14.16% year-on-year (yoy) growth.

It's operating profit (EBITDA - earning before interest tax depreciation and amortisation) for the quarter stood at Rs. 7,837, down by 0.88% qoq but up by 8.83% yoy. The operating profit margin (OPM) stood at 26.74%, contracting by 105 bps (basis point) qoq and 131 bps yoy.

On Standalone basis, the IT-service provider recorded net profit of Rs. 5,778 crore, increasing by 0.92% qoq and 2.57% yoy. It's total income was around Rs. 23,087 crore, recording growth of 3.72% qoq and 13.45% yoy.

While operating profit stood at Rs. 6,807 crore, up by 1.64% qoq and 4.83% yoy. The standalone operating profit margin was 29.48%, contracting by 60 bps and 242 bps yoy.

TCS rose 1.16% on BSE and NSE, at Rs 2520.30 and rs 2521.90, respectively.