Tata Consultancy Services released its financial results for the quarter ended June 30, 2012—revenues were at $2.73 billion up 13.1 percent year over year.
Net income, meanwhile, was at $604 million up 13.6 percent over last year. Operating profits were at $750 million; which is a growth of 18.9 percent year over year. The firm added 13,831 employees and 29 new clients.
"We have seen strong, secular growth across all our service lines and industry segments driven by robust volumes from key markets like North America, Europe and the U.K.," says N Chandrasekara, CEO and Managing Director.
"Looking ahead, TCS continues to see good demand from global corporations as they successfully navigate an increasingly complex environment. Our investments in new technologies and platforms are bearing fruit with increasing market traction and we are confident of playing a pivotal role in our customers' future business evolution."
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