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India ‘s biggest software exoorter Tata Consultancy Services (TCS) reported quarterly
revenues of 53 billion for the first time wideningits leads over sector rival Infosys and also
narrowing the historic margin gap.
Net profit rose 32 percent to 2169crore for the July September quarter and operating
margin improved 28 percent the best TCS has managed over the past few years Infosys
had reported operating margins of 30 .2 percent during the September quarter, and said
that a rising ruppe could dent profitability in the coming quarters
In uncertain economics conditions. Our resu;ts are a milestone on the path to strong
demand recovery said N Chandrasekaran CEO and MD of TCS ‘ GIVEN THE
GROWTH WE HAVE ACHIVED ACROSS all industry units we are very positive
about globale