TCS Group revenues cross $4 bn

MUMBAI: Tata Consultancy Services Ltd (TCS) today posted a net profit after taxes of Rs 1078.76 crore for the quarter ended March 31, 2007 where as the same was at Rs 750.06 crore for the quarter ended March 31, 2006.

The total Income is Rs 4193.64 crore for the quarter ended March 31, 2007 where as the same was at Rs 3092.16 crore for the quarter ended March 31, 2006, the company informed stock exchanges.

The company has posted a net profit after taxes of Rs 3757.29 crore for the year ended March 31, 2007 where as the same was at Rs 2716.87 crore for the year ended March 31, 2006. Total Income is Rs 15156.52 crore for the year ended March 31, 2007 where as the same was at Rs 11293.76 crore for the year ended March 31, 2006.

The consolidated results of the TCS group shows that the company has posted a net profit of Rs 1195.19 crore for the quarter ended March 31, 2007 where as the same was at Rs 832.12 crore for the quarter ended March 31, 2006. Total Income is Rs 5266.91 crore for the quarter ended March 31, 2007 where as the same was at Rs 3754 crore for the quarter ended March 31, 2006.

For the year ended March 31, 2007 company has posted a net profit of Rs 4212.63 crore where as the same was at Rs 2966.74 crore for the same period last year. Total Income is Rs 18914.26 crore for the year ended March 31, 2007 where as the same was at Rs 13377.88 crore for the year ended March 31, 2006.

TCS informed stock exchanges that the its Board of Directors at a meeting held on April 16, 2007 has recommended a final dividend of Rs 4 per equity share of Re 1 each of the company for approval by the shareholders of company at the forthcoming Annual General Meeting of the company.

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