TCS Q3 2010 Results Announced: PAT At Rs Rs 1824 Crore.Revenues At Rs 7649 Crores.

15 Jan

Posted by Shyam as Results

TCS Q3 2010 Results has been announced. The results are just amazing. TCS has managed to show a revenue of Rs 7649 crores in Q3 2010 Vs Rs 7345 crores in the last quarter. The net profit after tax of TCS stands at Rs 1824 crores way ahead than its Q2 2010 profit of Rs 1642 crores. The company has decided to pay an interim dividend of Rs 2 per share. Keep checking the space for more updates.Check the highlights of the TCS Q3 2010 results :-

* The Q3 revenues of TCS stands at Rs 7649 crores which is 5.1% growth Y-o-Y and 2.9% Q-o-Q.
* Net profit of TCS in Q3 stands at Rs 1824 crores which is 34% growth Y-o-Y and 11% up Q-o-Q.
* TCS has announced an interim dividend of Rs 2 per equity share of Rs 10each.
* Earning per share (EPS) of TCS stands at Rs 9.3 in Quarter 3.
* TCS has added 12,854 to its payroll. It added 8,703 new trainees in last quarter.
* It has added 32 new customers in Q3.
* TCS has made a growth of 8% Q-o-Q in Indian IT market.

TCS has already taken in 9200 campus recruits till q3 and expects to accommodate another 8300 campus recruits in Q4 2010. In this year TCS has already visited 77 college to hire associates for the coming year and has given offers to some 5500 students. TCS has hired about 3000 laterals in the last quarter and it expects to add another 3000 people in lateral segment.

Compare TCS Q3 2010 Results with TCS Q2 2010 Results and TCS Q3 2009 Results here and make out the growth the company has been making year on year and quarter on year.

TCS made some advances in the stock markets too as it was expected that TCS will announce better than expected results. TCS closed at Rs 792 today and touched Rs 799 in intraday.You can expect to open higher when the markets open on Monday morning and soon TCS will 850 levels and move ahead. As a whole IT sector is going to do well as the IT markets are recovering very well. TCS has maintained its numero uno position in Indian IT quarter after quarter.