Tata Consultancy Services’ Q2 consolidated net profit surges 35%

16 Oct 2013

Tata Consultancy Services has reported results for second quarter ended September 30, 2013.

The company has posted a rise of 50.20% in its net profit at Rs. 5607.75 crore for the quarter ended September 30, 2013 as compared to Rs 3733.58 crore for the same quarter in the previous year. The company’s total income has registered a growth of 38.35% at Rs 18121.35 crore for quarter under review as compared to Rs 13097.75 crore for the quarter ended September 30, 2012.

On consolidated basis, the company’s net profit for the quarter under review registered 34.91% growth at Rs 4633.33 crore against Rs 3434.37 crore in the September quarter of previous fiscal. Group’s total income has risen by 31.36% at Rs 20951.53 crore for the quarter from Rs 15949.08 crore in the similar quarter of previous year.

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