TCS net up 7.87%, declares bonus
TCS net up 7.87%, declares bonus
TCS has announced its fourth quarter consolidated results. The company's consolidated Q4 net profit is up 7.87 per cent at Rs 809 crore from Rs 750 crore QoQ.

New Delhi: TCS has announced its fourth quarter consolidated results. The company's consolidated Q4 net profit is up 7.87 per cent at Rs 809 crore from Rs 750 crore QoQ (US GAAP).

Tata Consultancy Services, TCS, has announced its fourth quarter consolidated results. The company's Q4 consolidated net profit is up 7.87 per cent at Rs 809 crore from Rs 750 crore quarter-on-quarter, QoQ (US GAAP).

Its Q4 cons revenue is up 8.1 per cent at Rs 3,733 crore from Rs 3,453 crore.

The company board has finalised 1:1 bonus issue and declared a dividend of Rs 4.50 per share. It has added 3,571 employees and 89 new clients in Q4.

It has secured $35 million order from European telecom company in Q4.

Its FY06 net profit is at Rs 2,897 crore (US GAAP, inclusive of Tata Infotech).

Its FY06 revenue is at Rs 13,255 crore (US GAAP, inclusive of Tata Infotech).

In FY07, the company will make 9,200 job offers at colleges and also plan gross addition of 30,500 employees.

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