Tata Consultancy Services Reports Q3 FY2010-2011 Financial Results
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Volume surge boosts revenue to $2.14 billion; up 7% Q-o-Q, 31.1% Y-o-Y
Net Income at $517 m; up 14% Q-o-Q, 35% Y-o-Y
- Operating margins near historic high at 28.1%
- Growth led by mature markets; Volume up 5.7%
- Highest ever gross addition at 20,219; net addition at 12,497
MUMBAI, India, Jan. 17, 2011 /PRNewswire/ -- Tata Consultancy Services (BSE: 532540, NSE: TCS) reported its consolidated financial results according to US GAAP for the quarter ended December 31, 2010.
Highlights for Quarter Ended December 31, 2010
- 35 new clients added
- Attrition at 14.4% LTM (including BPO)
- Quarterly dividend of INR 2 per share
- EPS at $ 0.26 in Q3
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