Revenues surge in Q2 driven by highest volume growth in last nine quarters

PRESS RELEASE

 

Revenues surge in Q2 driven by highest volume growth in last nine quarters

Revenues at $3.34 billion; up 17% Y-o-Y

  • Net income at $748 million up 16.4% Y-o-Y
  • Volume growth at 7.3%

Financial Highlights for Quarter Ended September 30, 2013

  • Operating profit at $1,007 million up 31.9% Y-o-Y

Business Highlights for Quarter Ended September 30, 2013

  • Gross employee addition: 17,362
  • Total headcount: 285,250
  • Utilization: 83.4% (excluding trainees) and 75% (including trainees)
  • Number of $100+ million clients increased to 22 from 19

Mumbai, October 15, 2013: 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 US dollars for the quarter ended September 30, 2013.

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

Financial Statements

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