TCS Earnings Report: Revenue Up 21%; Profit Up 9%

Tata Consultancy Services announced earnings today for the third quarter ending Dec. 31, 2011, with revenues for the quarter at $2.59 billion, up 20.6 percent year-over-year.

Joe Kornik | January 16, 2012

Tata Consultancy Services announced earnings today for the third quarter ending Dec. 31, 2011, with revenues for the quarter at $2.59 billion, up 20.6 percent year-over-year. Profits, meanwhile, are up 9.1 percent year-over-year.

The results were helped by growth across markets, including Europe, growth across industries and service lines, according to N. Chandrasekaran, TCS' CEO.

Key highlights for the quarter include: North American revenue grew by 13.3 percent from the previous and 36 percent year over year.

You Might Like

Terms of UsePrivacy Policy

Copyright © 2024 ALM Global, LLC. All Rights Reserved.