HomeNewsBusinessEarningsMargins impacted 250bps due to wage hike; will improve: TCS

Margins impacted 250bps due to wage hike; will improve: TCS

Tata Consultancy Services (TCS) has reported a net profit of Rs 2,380 crore in the quarter ended June 2011, better than expectations. N Chandrasekaran, CEO & MD; Ajoy Mukherjee, Head Global HR and Phiroz Vandrewala, Executive Vice President spoke to CNBC-TV18 about their Q1 performance and outlined the road ahead as well.

July 15, 2011 / 15:13 IST
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Tata Consultancy Services (TCS) has reported a net profit of Rs 2,380 crore in the quarter ended June 2011, better than expectations.

Revenues, however, increased just 6.3% at Rs 10,797 crore from Rs 10,157.5 crore in earlier quarter while the poll expected at Rs 10,674 crore. N Chandrasekaran, CEO & MD; Ajoy Mukherjee, Head Global HR and Phiroz Vandrewala, Executive Vice President exclusively spoke to CNBC-TV18
first published: Jul 15, 2011 11:59 am

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