Software gaint added 10,000 employees in the second quarter
The value of shares pledged by the promoters of NSE-listed companies in the country reached Rs 1.94 lakh-crore level at the end of last fiscal.
Mumbai: India’s largest software service provider Tata Consultancy Services (TCS) on Tuesday reported a 16 per cent increase in its net profit for the quarter ended September 2015 amidst strong growth in the company’s key export markets.
The company posted net profits of Rs 6,084 crore as compared to Rs 5,244.28 crore during the same period last year. “We remain focussed on partnering with clients in multiple business dimensions to help them strategise and execute their digital roadmap. Given the growing market adoption of digital, we continue to take new IP-led products and platforms to market successfully as well as invest in training our talent. Over 30,000 TCSers have already successfully trained in new technologies this year using our experiential digital learning platform,” said N. Chandrasekaran, chief executive officer and managing director, TCS.
The company added that the growth was broad based in Q2 with all industries growing on a sequential basis led by banking and financial services (BFS), retail, life sciences and travel & hospitality.
Core markets like the UK, North America and Europe grew smartly along with emerging markets like Latin America, India and Middle East and Africa. There was balanced growth across service lines led by asset-leveraged solutions. On the human resource side, the company added 25,186 people taking the total head count to 3,35,620.
( Source : deccan chronicle )
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