Tata Consultancy Services (TCS) Q3 FY11 Results : Net up 30%

by khalid on 18/01/2011 · 0 comments

India’s largest software firm Tata Consultancy Services Limited (TCS) is a venture of Tata Group & one of India’s foremost global information technology organization, offering technology-led business. The company has posted a net profit for the period Q3 (ending Dec 10) of the current fiscal (FY11). During the said quarter, net profit rose 30% to Rs 2370 crores in comparison to the Q3 (ending Dec 09) of previous year(FY10).

The company informed the market that the net sales rose 26.3% to Rs 9663 crores in Q3 FY11 when compared with the same quarter Q3 FY10 of previous year. Company’s operating margins are near historic high at 28%. TCS has added 35 new clients during the quarter Q3 FY11.

TCS has over 186,500 of the world’s best trained IT consultants in 42 countries. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognised as the benchmark of excellence in software development.

Share’s Data :
BSE Code : 532540
Mkt. Cap: Rs 222,758.72 Crores
Tata Consultancy Services share’s CMP is Rs 1,138.15 on 17th Jan 2010.

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