Wednesday, April 16, 2014

TCS registers 48.2% jump in consolidated net profit in Q4



Tata Consultancy Services (TCS) has reported a 48.2% jump in consolidated net profit to Rs 5,357.6 crore for the quarter ended March 31.Consolidated revenue for the January-March quarter was up 31.2% to Rs 21,551.09 crore from Rs 16,430.09 crore in the year-ago period. Sequentially, net profit was up 0.5% from Rs 5,333.43 crore in the October-December quarter, while revenue rose 1.2% from Rs 21,293.96 crore.For 2013-14, net profit was up 37.69% to Rs 19,163.8 crore and revenue grew 29.87% to Rs 81,809 crore.