Jan 15, 2007

TCS Q3 net rises 11.41% at Rs 1105cr

TCS Q3 net rises 11.41% at Rs 1105cr

Tata Consultancy Services, TCS has announced its third quarter results. The company posted net profit of Rs 1104.7 crore (Rs 11.04 billion) versus Rs 991.5 crore (Rs 9.91 billion) in the previous quarter, increased by 11.41%.

Its revenues was up at Rs 4860 crore (Rs 48.60 billion).

The company's results was above the expectations.

TCS added 7835 employees and net addition was 5562.
It has bagged 2 - USD 100 million deals, USD 350 million deal & 55 clients.

The company bagged USD 100 million deal from Bank of China & USD 140 million deal from LatAm Bank.

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