Leading software services exporter Tata Consultancy Services (TCS) has declared its fourth quarter results which met with broader market expectations. For the quarter ending March 31, 2011, the IT major announced a net profit of Rs 2,623 crore, an increase of 31% on year-on-year (YoY) basis and 10.7% on quarter-on-quarter (QoQ) basis. Revenue for the fourth quarter was also 31% higher at Rs 10,157 crore than the same quarter previous year.
From the top management at TCS, S Mahalingam, CFO & ED; N Chandrasekaran, CEO & MD; Ajoy Mukherjee, Head-Global HR and Phiroz Vandrewala, Executive Vice President, in an interview with CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
