Tata Consultancy Services on Wednesday reported a 4.9 per cent rise in consolidated net profit to Rs 8,433 crore for the September 2020 quarter. Revenues during the quarter rose by 4.7% to Rs 40,135 crore, its best in 20 quarters. The company also announced a share buyback of Rs 16,000 crore at a price of Rs 3,000 per share. CEO and managing director Rajesh Gopinathan said the company will be giving salary hikes for the second half of the year and will be effective October 1.