Consultancy Services, the country''s top IT consultancy
and services company, reported a 33 per cent rise in
its consolidated net profit at Rs882.66 crore (Rs8.82
billion) for the quarter ended June 30, 2006 against
Rs630.62 crore (Rs6.30 billion) for the same period
after tax (PBT) rose to Rs796.69 crore (Rs7.96 billion)
for the quarter ended June 30, 2006 against Rs578.86
crore (Rs5.78 billion) in the year-ago period.
income stood at Rs3,465.9 crore (Rs34.65 billion) for
the first quarter of the 2006-07, as against Rs2,276.32
crore (Rs22.76 billion) a year ago, the company informed
the Bombay Stock Exchange.
board has recommended an interim dividend of Rs3 on
shares of Re1 each.
TCS, the management continues to focus on driving sustainable,
robust growth and Q1 has been marked by strong growth
in volumes coupled with increasing traction for our
new growth engines like BPO and consulting," S
Ramadorai, CEO and MD, said.
income of the group - which includes those of Tata Infotech
Ltd, Airline Financial Support Services, TCS Business
Transformation Solutions Ltd and Aviation Software Development
India Ltd, which were amalgamated with the company with
retrospective effect from April 1, 2005 - stood at Rs4,258.19
crore (Rs42.58 billion) for Q1 FY''07 as against Rs2,
721.02 crore (Rs27.21 billion) in the year-ago period.