Tata Consultancy Services (TCS) has reported its consolidated financial results according to IFRS for the quarter ended June 30, 2012. Financial Highlights for Quarter Ended June 30, 2012 include Operating Profit at ` 4,090 crore; Growth of 44.7 % Y-o-Y and 11.3% Q-o-Q, Operating Margin at 27.5%, Dividend per share of ` 3, whereas, Earnings Per Share at ` 16.76.
N Chandrasekaran, CEO & MD, TCS said, “We have seen strong, secular growth across all our service lines and industry segments driven by robust volumes from key markets like North America, Europe and UK. We have also absorbed impact of wage hikes and maintained our profitability in a volatile setting.”
S. Mahalingam, Chief Financial Officer and Executive Director, TCS said, “Our ability to closely monitor and maintain our operating expenses to support higher revenues in helping us maintain healthy margins. This ensures that we are able to continuously make investments needed in technology, capabilities and infrastructure to fuel growth over the long-term.”
