Growth seen across all markets and industries;
Volume up 3.2%
Operating profits at
$756 million; Growth of 24.7%
Y-o-Y
Earnings per share at $0.29
Business Highlights:
Gross addition of employees at 18,907; Net addition
at 11,981
Added 40 new clients
Total number of employees at 226,
751
Attrition falls to 12.8%
Number of $100-million clients increases to 14 from
12
Mumbai, India, January 17, 2012:Tata Consultancy Services (BSE: 532540,
NSE: TCS), the leading IT services, consulting
and business solutions firm,reported its
consolidated IFRS (International Financial Reporting
Standards) financial results for the quarter ended December
31, 2011.
The full text of the press release can be
found below.
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Tata Consultancy Services Limited is one of the largest Indian IT services companies. Net sales break down by activity as follows:
- IT services (99%): consulting and engineering services, solutions and systems integration, management applications development, outsourcing services, etc.;
- sale of IT equipment and software licenses (1%).
Net sales break down by market between bank-financial services-insurance (40%), telecoms and media (16.5%), retail and distribution (15.6%), manufacturing industry (9.7%) and other (18.2%).
Net sales are distributed geographically as follows: India (5.71%), the Americas (51.3%), Europe (31.9%) and other (11.7%).
TATA CONSULTANCY SERVICES LTD. 
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