Mumbai: The country's largest software firm Tata Consultancy Services (TCS) today posted 29.93% jump in consolidated net profit at Rs2,369.83 crore for the third quarter ended 31 December 2010, reports PTI.
The company has announced a 200% dividend. It has declared the third interim dividend of Rs2 per equity share of Re1 each.
TCS had recorded net profit of Rs1,823.90 crore in the October-December 2009 quarter, the company said in a filing to the Bombay Stock Exchange.
Income from operations rose to Rs9,663.35 crore during the Q3 of the current fiscal, up 26.34% from Rs7,648.53 crore in the year-ago period. It has added 35 new clients during the quarter.
"Our ongoing performance has been the result of the sustained effort from all operating teams to focus on growth with profitability," TCS CEO and MD N Chandrasekaran said.
The company said it added 20,219 people (gross) during the quarter, its highest addition yet, taking the total headcount to 1,86,914 at the end of the December quarter.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
