Tata Consultancy Services announced earnings today for the quarter ended Dec. 31, 2012, with revenue at $2.9 billion, up 14 percent year-over-year, and net income at $652 million, up 15 percent year-over-year.
In addition, TCS said it hired almost 50,000 employees over the past three quarters, with a gross addition of 17,145 employees in the quarter, bringing the employee base to 263,637. TCS also added 31 new clients for the quarter, including seven large deals across industry verticals.
Geographically, North America and the UK represented the biggest drivers of revenue, growing by 20 percent and 42 percent year-over-year respectively. North America and the UK also represented the biggest portion of revenue, comprising 53 percent and 18 percent of total growth respectively.
Application development & maintenance comprised the biggest portion of TCS revenue by industry at 42 percent of total revenue, followed by enterprise solutions at 15 percent and business process outsourcing at 12 percent.
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