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Tata Consultancy Services reports 54.41% rise in Dec quarter profit

18 Jan 2012 Evaluate

Tata Consultancy Services, the country's largest software services exporter have announced the results for the quarter ended December 31, 2011.

The company’s net profit after tax for the quarter under review rose by 54.41% at Rs 3168.10 crore as compared to Rs 2051.75 crore for the quarter ended December 31, 2010. Its total income has increased by 38.24% to Rs 10544.03 crore for the quarter under review from Rs 7627.26 crore for the similar quarter of the previous year.

On consolidated basis, the group  has posted a net profit of Rs 2,802.77 crore for the quarter ended December 31, 2011, up by 18.26% as compared to Rs 2,369.83 crore for the quarter ended December 31, 2010. Total income of the company has increased by 36.63% to Rs 13,203.99 crore from Rs 9,663.35 crore in the corresponding previous.

Peers
Company Name CMP
TCS 2267.00
Infosys 1062.20
HCL Technologies 1321.00
Wipro 168.90
Tech Mahindra 1542.00
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