TCS reports 17.29% rise in Q1 net profit

18 Jul 2013

India's top software services provider, TCS has reported results for first quarter ended June 30, 2013.

The company has posted a rise of 17.29% in its net profit at Rs 3297.75 crore for the quarter ended June 30, 2013 as compared to Rs 2811.70 crore for the same quarter in the previous year.  Company’s total income has increased by 22.50% at Rs 14219.16 crore for quarter under review as compared to Rs 11607.58 crore for the quarter ended June 30, 2012.

On the consolidated basis, the company has posted a rise of 15.46% in its net profit at Rs 3830.64 crore for the quarter ended June 30, 2013 as compared to Rs 3317.68 crore for the same quarter in the previous year.  Total income has increased by 21.19% at Rs 18245.56 crore for quarter under review as compared to Rs 15054.97 crore for the quarter ended June 30, 2012.

Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.

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