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TCS reports 32.51% rise in its Q1 net profit

15 Jul 2011 Evaluate

Tata Consultancy Services (TCS) has reported results for the first quarter ended June 30, 2011.

The company’s net profit after tax for the quarter ended June 30, 2011 surged by 32.51% at Rs 2062.43 crore as compared to Rs 1556.41 crore for the quarter ended June 30, 2010. Its total income has increased by 37.59% to Rs 8870.96 crore for the quarter under review from Rs 6447.38 crore for the similar quarter of the previous year.

On consolidated basis, the Group‘s net profit rose by 26.69% at Rs 2414.76 crore for the quarter ended June 30, 2011 as compared to Rs 1906.07 crore for the quarter ended June 30, 2010. Total income has increased by 33.42% to Rs 11091.16 crore for the quarter from Rs 8312.74 crore for the similar quarter last year.

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2588.45 10.00 (0.39%)
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