Strong business volumes drive Q1 performance

Highlights for Q1 FY12

• Revenues at $2.41 billion up 34.4% Y-o-Y
• Net income at $532 million up 30.6% Y-o-Y
• Superior business portfolio enables broad-based growth across markets and industries

Financial Highlights:

• Incremental revenues of $167 million in Q1
• Operating profits at $631 million; Growth of 28% Y-o-Y
• Operating margins at 26.2%
• Earnings per share at $0.27

Business Highlights:

• Number of clients in the category of $50 million increased to 33 from 27
• Gross addition of 11,988 employees (Net addition of 3,576 employees)
• High utilization rates maintained at 83.2% (excluding trainees)
• Twenty-four new clients added

Mumbai, India, July 14, 2011: Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions firm, reported its consolidated International Financial Reporting Standards (IFRS) financial results for the first quarter ended June 30, 2011.

The full text of the press release can be found below.

• Q1 2011-12 Press Release (Indian GAAP) (PDF 341 KB)
• Q1 2011-12 Press Release (IFRS) (PDF 319 KB)

Financial Statements:

• Q1 2011-12 Indian GAAP (PDF 192 KB)
• Q1 2011-12 Indian GAAP (Condensed & Consolidated) (PDF 503 KB)
• Q1 2011-12 Indian GAAP (Condensed) (PDF 261 KB)
• Q1 2011-12 Operating Metrics (PDF 133 KB)
• Q1 2011-12 IFRS (Consolidated, Unaudited - USD) (PDF 272 KB)
• Q1 2011-12 IFRS (Extracts from Consolidated, Unaudited - INR) (PDF 112 KB)

Visit the Investor section for more financial information.

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