Growth from all markets and industries highlights Q2 performance

PRESS RELEASE

 

Growth from all markets and industries highlights Q2 performance

  • Volume growth at 5% driven by new service offerings
  • New CFO announced: Rajesh Gopinathan to take over as CFO after S Mahalingam’s retirement in February 2013
  • Revenue at $2.85 billion up 13% Y-o-Y; 4.6% Q-o-Q
  • Net income at $643 million up 21.8% Y-o-Y; 6.4% Q-o-Q

Highlights for Quarter Ended September 30, 2012

  • Operating income at $763 million; Growth of 11.5% Y-o-Y and 1.7% Q-o-Q
  • Operating margin at 26.8%
  • Dividend per share of INR 3
  • Earnings per share at $0.33
  • Gross addition of 18,654 employees (Net addition: 10,531)
  • Lowest attrition rate in last ten quarters: 11.4% (IT + BPO)
  • Utilization rates at 81.6% (excluding trainees)
  • 41 new clients added

Mumbai, October 19, 2012: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions firm reported its consolidated financial results according to IFRS for the quarter ended September 30, 2012.

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

Financial Statements

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