It was really a good performance by TCS in the second quarter of 2010 fiscal.
The net profit of TCS in Q2 2010 stands at whopping Rs1,642 crores.
The net profit was by 7.1% Q-o-Q and 29.2% Y-o-Y.
The net revenues of the company in the second quarter stood at Rs 7,435 crores which was up by 3.1% Q-o-Q and 6.9% Y-o-Y.
The company has beat the street estimates by a huge margin.
CEO Mr. N.Chandrasekaran said ” TCS has delivered a sterling performance during the quarter”
The company has announced 150% of the quarterly component of the variable pay in this quarter to all the Indian employees in its payroll. TCS plans to add 8000 people to its current payroll in the coming quarter.
Subscribe in a reader
