IT leader and India’s top software export service provider Tata Consultancy Services Ltd. (TCS) announced Q1 2011 net profit results today on 15 July, 2010.
TCS reported that quarterly net profit is increased by 21%, beating it’s estimates and also have outsourcing demand from overseas clients.
TCS Group said today on Tuesday that when we see according to US accounting standards, the net profit is increase to 18.4 billion rupees ($395 million).
India’s no.2 software export company Infosys Q1 results was much less than expected. Infosys reported Q1 results 2.6% net falls in quarterly at Rs. 1490 crore.
Now TCS has recently announced that it will add 30,000 new employees this year.
