Broad-based growth drives Q3 performance

PRESS RELEASE

 

Broad-based growth drives Q3 performance

HIGHLIGHTS FOR Q3 FY12

  • Revenues at $2.59 billion up 20.6% Y-o-Y
  • Net Income at $568 million up 9.1% Y-o-Y

Financial Highlights:

  • Operating margins up 213 basis points at 29.2%
  • Growth seen across all markets and industries; Volume up 3.2%
  • Operating profits at $756 million; Growth of 24.7% Y-o-Y
  • Earnings per share at $0.29

Business Highlights:

  • Gross addition of employees at 18,907; Net addition at 11,981
  • Added 40 new clients
  • Total number of employees at 226, 751
  • Attrition falls to 12.8%
  • Number of $100-million clients increases to 14 from 12

Mumbai, India, January 17, 2012: Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions firm, reported its consolidated IFRS (International Financial Reporting Standards) financial results for the quarter ended December 31, 2011.

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

Financial Statements:

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