Tata Consultancy Services Ltd.

Country's largest software company, Tata Consultancy Services (TCS) has reported results for the quarter and year ended March 31, 2012.

The Company has posted a rise of 19.04% net profit of Rs 2558.34 crore for the fourth quarter of FY 11-12 as compared to Rs 2149.18 crore in the corresponding quarter of FY 10-11. Its total income registered a growth of 29.65% at Rs 10615.17 crore for the quarter under review from Rs 8187.64 crore for the corresponding quarter of the previous year.

For the full year ended March 31, 2012, the Company has posted a net profit of Rs 10975.98 crore as compared to Rs 7569.99 crore for the year ended March 31, 2011, which is up by 45%. Its total income has increased by 39.55% to Rs 41543.72 crore for the year ended March 31, 2012 from Rs 29770.14 crore for the previous year.

On consolidated basis, the Group’s net profit stood at Rs 2894.93 crore in the March 2012 quarter as compared to Rs 2622.93 crore for the quarter ended March 2011 quarter, increase of 10.37%. Total Income has surged by 28.43% at Rs 13357.95 crore March quarter from Rs 10401.07 crore for the corresponding quarter of previous fiscal.

On consolidated basis, the Group’s net profit for the full year stood at Rs 10413.49 crore as compared to Rs 9068.04 crore for the previous fiscal, up by 14.83%. Its total income has increased to Rs 49322 crore for the year ended March 31, 2012 from Rs 37928.51 crore for the year ended March 31, 2011.

The company announced a dividend of Rs 16 per share. Earnings per share for the March quarter were at Rs14.77, marginally higher than the Rs14.30 in the previous quarter.