News Journals

TCS Net Income Jumps 14.8% To Rs 11,392 Crore In March Quarter


TCS mentioned mentioned its working margins stood at 24.5 per cent within the fourth quarter. (File)

Mumbai:

Software program main Tata Consultancy Providers on Wednesday reported a 14.8 per cent rise in web revenue to Rs 11,392 crore for the fourth quarter of final fiscal towards Rs 9,959 crore within the year-ago interval.

The nation’s largest expertise providers firm by market worth mentioned its income rose 16.9 per cent to Rs 59,162 crore throughout the reporting season from Rs 50,591 crore a yr in the past.

The corporate mentioned its working margins stood at 24.5 per cent within the fourth quarter towards 24.1 per cent a yr in the past.

Ok Krithivasan, the CEO and MD-designate from mid-March, will formally take over from the incumbent Rajesh Gopinathan from June 1, the corporate mentioned in an announcement.

The corporate, the most important personal sector employer within the nation with over 5 lakh payrolls, mentioned it has added a web of 821 staff throughout the quarter.

Forward of the earnings announcement, the TCS counter gained 0.87 per cent to Rs 3,242.10 on the BSE, whereas the benchmark Sensex rallied for the eighth consecutive day, rising 235 factors.

(Apart from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)