Saturday, October 17, 2009

TCS Q2 net profit at Rs 1350 cr


Software major Tata Consultancy Services has posted a net profit of Rs 1350 crore ($300 million) for the quarter ended Sep 30, as compared to Rs 1170 crore ($260 million) in the corresponding period last fiscal, it said Friday.
The company's total income increased to Rs 5720 crore ($1.27 billion) for the quarter under review from Rs 5520 crore ($1.23 billion) in the second quarter last fiscal, TCS said in a regulatory statement.
The group's consolidated net profit rose to Rs 1640 crore ($364 million) during the quarter, from Rs 1270 crore ($282 million) in the like period last year.
Similarly, total consolidated income increased from Rs 6780 crore ($1.5 billion) for the quarter ended Sep 30 last year to Rs 7430 crore ($1.65 billion) in the second quarter this year.


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