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TCS delivers well-rounded performance in Q3

 

  • Revenue of $2,948 million; up 14% Y-o-Y; 3.3% Q-o-Q
  • Operating margin expands 51 basis points to 27.3%
  • Net income at $652 million; up 14.8% Y-o-Y; 1.4% Q-o-Q
  • Attrition in IT services dips below 10%
  • Number of $100-million-plus clients increases to 16 from 14

Highlights for Quarter Ended December 31, 2012

  • Operating income at $804 million; a growth of 6.3% Y-o-Y and 5.3% Q-o-Q
  • Dividend per share of INR 3
  • Earnings per share at $0.33
  • Gross addition of 17,145 employees (Net addition: 9,561)
  • Attrition in IT services falls to 9.8%; overall attrition including BPO at 11.2%
  • Utilization rate at 81.7% (excluding trainees)

Mumbai, January 14, 2013: Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions firm reported its consolidated financial results according to IFRS for the quarter ended December 31, 2012.

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

Financial Statements

Visit the Investors’ section for more financial information.

For more information, please contact

Media

Email: Pradipta.bagchi@tcs.com | h.ramachandra@tcs.com | shamala.p@tcs.com

+91 22 6778 9999

Investor Relations

Email:  Kedar.shirali@tcs.com

+91 22 6778 9999