Categories: BusinessUncategorized

TCS Q2 net profit rose 14.1% at RS 9,624 Crore

New Delhi: The largest software service company in India Tata Consultation Services (TCS) on Friday reported a 14.1 percent increase in consolidated net income to RS 9,624 Crore in the September quarter of 2021.
The company has recorded RS 8,433 crore net profit (not including adjustments ) In the annual year period, TCS said in the submission of regulations.
Net profit is excluded RS 1,218 Crore-Provisions on legal claims.
Including this number, net income in the quarter of September 2020 is Rs 7,475 Crore.
His income grew 16.7 percent to Rs 46,867 Crore for the September 2021 quarter of Rs 40,135 Crore in the period last year.
A strong and sustainable demand environment is a decade occasion to position the company as a partner of the preferred growth and transformation for its customers, the TCS CEO said and the implementing director of Rajesh Gopinathan.
“We use Tailwind growth to invest in strengthening relevant capabilities and building a comprehensive offering portfolio that serves with a broader set of stakeholders in business cycle business, strengthens our brand, and makes our business more resilient.” We believe this is the most sustainable path to create a long-term value for all our stakeholders, “he added.
The company has also announced interim dividends of Rs 7 per share.” Strong growth and discipline that discipline helps us deal with headwinds and inflation The supply side and provide expanded margins.
Leading profitability in our industry and strong cash conversion gives us the means to make the right investment needed to build a future business, “said Financial Officer TCS Samir Seksaria.
The company added 19,690 people (clean), took the number of employees to 5.28,748 people.

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