TCS reports 45% surge in Q1 consolidated net profit

18 Jul 2014

Tata Consultancy Services (TCS) has reported results for first quarter ended June 30, 2014.

The company’s net profit for the quarter rose by 47.23% at Rs 5096.87 crore as compared to Rs 3461.89 crore for the quarter ended June 30, 2013. Its total income has increased by 23.72% to Rs 18237.39 crore for the quarter under review from Rs 14740.71 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 45.01% rise in its net profit at Rs 5567.68 crore for the quarter as compared to Rs 3839.50 crore for the same quarter in the previous year. Total income has increased by 25.50% at Rs 22898.18 crore for quarter under review as compared to Rs 18245.56 crore for the quarter ended June 30, 2013.

 

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