News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 12 years ago
Rediff.com  » Business » TCS Q2 net up 6% at Rs 2,301 crore

TCS Q2 net up 6% at Rs 2,301 crore

Source: PTI
October 17, 2011 19:20 IST
Get Rediff News in your Inbox:

Country's largest software exporter Tata Consultancy Services (TCS) on Monday reported a 6.1 per cent growth in consolidated net profit at Rs 2,301 crore (Rs 23.01 billion) for the second quarter ended September 30, 2011.

The company had a net profit of Rs 2,169.21 crore (Rs 21.69 billion) during the July-September quarter last year.

Revenues rose to Rs 11,633.49 crore (Rs 116.33 billion), up 25.3 per cent from Rs 9,286.39 crore (Rs 92.86 billion),

TCS said in a filing to BSE.

The board of directors proposed an interim dividend of Rs 3 per share to shareholders.

The company made a net addition of 12,580 employees, taking its total headcount to 214,770. The company during the quarter under review added 35 new clients.

At the end of September 30, 2011, cash and bank balance of the company stood at Rs 7,036.79 crore (Rs 70.37 billion).

Shares of TCS closed at Rs 1,119.80 on the BSE, down 1.30 per cent from the previous close.
Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!