TCS Q1 US GAAP: Net sales were up 6.2% at Rs 8217 Cr

by admin on July 16, 2010

TCS Q1 US GAAP: Net sales were up 6.2% at Rs 8217 Cr (QoQ); Net profit margins at 22.5%; Net profit down 5.3% at Rs 1,844 Cr

TCS Q1 US GAAP: Net sales were up 6.2% at Rs 8217 Cr (QoQ). Net profit margins at 22.5%. Operating Profit up 4.8% at Rs 2,231 Cr. Operating Margins down 36 bps at 27.1%. Net profit down 5.3% at Rs 1,844 Cr.

Tata Consultancy Services Ltd has announced the following Audited results for the quarter ended June 30, 2010:

The Company has posted a net profit after taxes of Rs 15564.10 million for the quarter ended June 30, 2010 as compared to Rs 12764.40 million for the quarter ended June 30, 2009. Total Income has increased from Rs 56108.60 million for the quarter ended June 30, 2009 to Rs 64473.80 million for the quarter ended June 30, 2010.

The Consolidated Results are as follows

The Audited results for the quarter ended June 30, 2010:

The Company has posted a net profit of Rs 19060.70 million for the quarter ended June 30, 2010 as compared to Rs 15339.40 million for the quarter ended June 30, 2009. Total Income has increased from Rs 72325.40 million for the quarter ended June 30, 2009 to Rs 83127.40 million for the quarter ended June 30, 2010.

TCS Q1 revenues were up 6.4% sequentially at USD 1794 million. Operating profits up 5.1% at USD 487 million, QoQ. Profit after tax up 4.9% at USD 403 million. Earnings per share at USD 0.21

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