Total Income is Rs. 209515.30 mn for the Quarter ended September 30, 2013 whereas the same was at Rs. 159490.80 mn for the Quarter ended September 30, 2012.
Tata Consultancy Services Ltd has posted a net profit of Rs. 46333.30 million for the Quarter ended September 30, 2013 whereas the same was at Rs. 34343.70 million for the Quarter ended September 30, 2012.
Total Income is Rs. 209515.30 mn for the Quarter ended September 30, 2013 whereas the same was at Rs. 159490.80 mn for the Quarter ended September 30, 2012.
The company has announced that the Board of Directors of the Company at its meeting held on October 15, 2013, inter alia, has declared a Second Interim Dividend of Rs. 4 per Equity Share of Re. 1 each of the Company.
Further the Company has informed that, the Second Interim Dividend will be paid to the equity shareholders of the Company on November 08, 2013.
See the details:
Tata Consultancy Services the leading IT services, consulting and business solutions firm reported its consolidated financial results according to IFRS for the quarter ended September 30, 2013.
Financial Highlights for Quarter Ended September 30, 2013
Operating Profit at Rs. 6,330 crore; Growth of 51.5 % Y-o-Y and 30.2% Q-o-Q
Operating Margin at 30.2 %
Dividend per share of Rs. 4
Earnings Per Share at Rs. 24.00
Business Highlights for Quarter Ended September30, 2013
Gross employee addition: 17,362
Total headcount: 285,250
Utilization: 83.4% (excluding trainees) & 75.0% (including trainees)
Number of $100+ million clients increased to 22 from 19
Commenting on the Q2 performance, Chief Executive Officer and Managing Director, N Chandrasekaran said: “It has been another great quarter. We have demonstrated all-round strong growth across markets and industries, highlighted by efficient and rigorous execution. Our ongoing investments in industry-led solutions and our efforts to provide insights and articulate the relevance of the digital revolution to business is helping us gain mindshare with customers and differentiate the TCS brand in the market.”
Chandrasekaran added: “We continue to see a robust demand pipeline across markets and a unique opportunity to strategically partner and participate with clients as they reimagine their future in multiple dimensions.”
Rajesh Gopinathan, Chief Financial Officer, said: “Strong volumes, currency tailwinds and firm execution helped us post industry-leading operating margins in this quarter. Our ability to manage operations with a degree of discipline has helped maintain the tempo of investments needed to sustain growth as well as provide superior shareholder returns.”
Growth in Q2 was broad-based with all industries contributing to this holistic performance. Growth was led by Life Sciences, Media, Energy & Utilities and BFSI. All core markets grew smartly with Europe, North America and UK leading the pack. There was balanced growth across IT and other service lines led by Asset Leverage Solutions, Assurance, Enterprise Solutions, Engineering Services and Infrastructure.
Tata Consultancy Services Ltd has posted a net profit of Rs. 46333.30 million for the Quarter ended September 30, 2013 whereas the same was at Rs. 34343.70 million for the Quarter ended September 30, 2012.
Total Income is Rs. 209515.30 mn for the Quarter ended September 30, 2013 whereas the same was at Rs. 159490.80 mn for the Quarter ended September 30, 2012.
The company has announced that the Board of Directors of the Company at its meeting held on October 15, 2013, inter alia, has declared a Second Interim Dividend of Rs. 4 per Equity Share of Re. 1 each of the Company.
Further the Company has informed that, the Second Interim Dividend will be paid to the equity shareholders of the Company on November 08, 2013.
See the details:
Tata Consultancy Services the leading IT services, consulting and business solutions firm reported its consolidated financial results according to IFRS for the quarter ended September 30, 2013.
Financial Highlights for Quarter Ended September 30, 2013
Operating Profit at Rs. 6,330 crore; Growth of 51.5 % Y-o-Y and 30.2% Q-o-Q
Operating Margin at 30.2 %
Dividend per share of Rs. 4
Earnings Per Share at Rs. 24.00
Business Highlights for Quarter Ended September30, 2013
Gross employee addition: 17,362
Total headcount: 285,250
Utilization: 83.4% (excluding trainees) & 75.0% (including trainees)
Number of $100+ million clients increased to 22 from 19
Commenting on the Q2 performance, Chief Executive Officer and Managing Director, N Chandrasekaran said: “It has been another great quarter. We have demonstrated all-round strong growth across markets and industries, highlighted by efficient and rigorous execution. Our ongoing investments in industry-led solutions and our efforts to provide insights and articulate the relevance of the digital revolution to business is helping us gain mindshare with customers and differentiate the TCS brand in the market.”
Chandrasekaran added: “We continue to see a robust demand pipeline across markets and a unique opportunity to strategically partner and participate with clients as they reimagine their future in multiple dimensions.”
Rajesh Gopinathan, Chief Financial Officer, said: “Strong volumes, currency tailwinds and firm execution helped us post industry-leading operating margins in this quarter. Our ability to manage operations with a degree of discipline has helped maintain the tempo of investments needed to sustain growth as well as provide superior shareholder returns.”
Growth in Q2 was broad-based with all industries contributing to this holistic performance. Growth was led by Life Sciences, Media, Energy & Utilities and BFSI. All core markets grew smartly with Europe, North America and UK leading the pack. There was balanced growth across IT and other service lines led by Asset Leverage Solutions, Assurance, Enterprise Solutions, Engineering Services and Infrastructure.
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