Friday 17 January 2014

Tata Consultancy Services reports 50% rise in Q3 consolidated net profit

Tata Consultancy Services has reported results for third quarter ended December 31, 2013.

The company has reported 48.06% rise in its net profit at Rs 4776.76 crore for the quarter as compared to Rs 3226.26 crore for the same quarter in the previous year. Total income of the company has increased by 35.00% at Rs 17345.78 crore for quarter under review as compared to Rs 12848.25 crore for the quarter ended December 31, 2012.

On consolidated basis, the group has reported 50.25% rise in its net profit at Rs 5333.43 crore for the quarter ended December 31, 2013 as compared to Rs 3549.62 crore for the same quarter in the previous year. Total income of the group has increased by 34.90% at Rs 21977.03 crore for quarter under review as compared to Rs 16291.12 crore for the quarter ended December 31, 2012.

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