MUMBAI, Apr 18: Country’s largest software exporter TCS has reported a 22.1 percent jump in net profit at Rs 3,596.9 crore for January-March quarter, meeting market expectations.
TCS Managing Director and Chief Executive N Chandrasekaran last
evening attributed the robust numbers to double-digit growth across
verticals.
The company had posted Rs 2,945.5 crore net profit in the same quarter a year ago, under the IFRS reporting.
Revenue for the period under review grew 23.9 percent to Rs 16,430.1 crore compared to Rs 13,259.3 crore, a year ago.
For the full fiscal (FY13), net profit jumped by 30.9 percent to Rs 13,941.4 crore compared to Rs 10,651.7 crore in the previous
fiscal.
Expressing confidence of beating apex industry body’s growth estimate for FY14, Chandrasekaran said deal pipeline remains strong
for the company.
The company plans to add 45,000 staff in FY’14. Full fiscal revenue jumped 28.8 percent to Rs 62,989.5 crore from Rs 48,893.8 crore last year, Chandrasekaran said. (UNI)
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