Tata Consultancy Services (TCS) Q2 FY11 Results : Net rises 13.80%

by khalid on 22/10/2010 · 0 comments

Tata Consultancy Services Limited (TCS) has posted a phenomenal increase in net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, net profit rises 13.80% to Rs 2,106 crore in comparison to the Rs 1847.60 crore of Q2 (ending Sep 09) of previous year(FY10). Tata Consultancy Services Limited is a venture of Tata Group & one of India’s foremost global information technology organization, offering technology-led business.

The company informed the share market(BSE) that the net sales increased 13% to Rs 9,285.3 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 8744.40 crore. At current value, the price-to-book value of the company was 2.1. The dividend yield of the company was 1.56%.

Share’s Data :-
BSE Code : 532540
Mkt. Cap : Rs 202,178.76 Crores
Tata Consultancy Services Ltd. share’s CMP is Rs 1,033.05 on 22nd Oct 2010.

TCS added 19,293 employees in the Q2 FY11 and 30 new clients added in Q2 . Total employee strength at 1,74,417.

Source :- BelltheBull

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