New Delhi: India’s largest software services firm Tata Consultancy Services (TCS) On Friday, the consolidated net registered a growth of 14.1 percent Benefit 9,624 crore in the September 2021 quarter.
TCS said in a regulatory filing that the company had made a net profit of Rs 8,433 crore (excluding adjustments) in the year-ago period.
Net profit does not include Rs 1,218 crore – provision for legal claim. Including this number, the net profit in the September 2020 quarter stood at Rs 7,475 crore.
Its revenue grew 16.7 per cent to Rs 46,867 crore in the September 2021 quarter, from Rs 40,135 crore in the year-ago period.
Rajesh Gopinathan, CEO and Managing Director, TCS said that the strong and sustained demand environment is a once in a decade opportunity to position the company as the preferred growth and transformation partner for our customers.
“We are using the growth tailwind to invest in strengthening relevant capabilities and building a broad portfolio of offerings that cater to a broader set of stakeholders in the enterprise across business cycles, reinforcing our brand.” and makes our business more resilient.
“We believe this is the most sustainable path to creating long-term value for all of our stakeholders,” he said.
The company has also declared an interim dividend of Rs 7 per share.
“Strong growth and disciplined execution helped us overcome constraints from currency and supply-side inflation and deliver expanded margins. Our industry-leading profitability and strong cash conversions give us the means to make the right investments needed to build the business of the future,” said TCS Chief Financial Officer Sameer Seksaria | said.
The company added 19,690 people (net), bringing its workforce to 5,28,748.
TCS said in a regulatory filing that the company had made a net profit of Rs 8,433 crore (excluding adjustments) in the year-ago period.
Net profit does not include Rs 1,218 crore – provision for legal claim. Including this number, the net profit in the September 2020 quarter stood at Rs 7,475 crore.
Its revenue grew 16.7 per cent to Rs 46,867 crore in the September 2021 quarter, from Rs 40,135 crore in the year-ago period.
Rajesh Gopinathan, CEO and Managing Director, TCS said that the strong and sustained demand environment is a once in a decade opportunity to position the company as the preferred growth and transformation partner for our customers.
“We are using the growth tailwind to invest in strengthening relevant capabilities and building a broad portfolio of offerings that cater to a broader set of stakeholders in the enterprise across business cycles, reinforcing our brand.” and makes our business more resilient.
“We believe this is the most sustainable path to creating long-term value for all of our stakeholders,” he said.
The company has also declared an interim dividend of Rs 7 per share.
“Strong growth and disciplined execution helped us overcome constraints from currency and supply-side inflation and deliver expanded margins. Our industry-leading profitability and strong cash conversions give us the means to make the right investments needed to build the business of the future,” said TCS Chief Financial Officer Sameer Seksaria | said.
The company added 19,690 people (net), bringing its workforce to 5,28,748.
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