India's largest IT software services exporter Tata Consultancy Services (TCS) reported its fourth quarter net profit at Rs 2402 crore, a growth of 3% from its previous quarter net profit of Rs 2,330.2 crore (US GAAP). The company met street expectations. A CNBC-TV18 poll saw a profit growth at Rs 2,340 crore. For the financial year 2010-11, TCS reported net profit of Rs 9,068 crore versus expectations of Rs 8,621 crore.
Get more details on the results here. Here is verbatim transcript of 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!