The revenue grew by 31.4 per cent to Rs 10,797 crore for the period under review, TCS said in a statement. However, sequentially the profit has declined as the company had posted Rs 2,623 crore profit in the last quarter of the previous fiscal.
"Our customer-focused organisation and balanced business model helped us drive growth across all our major customers segments and operating regions in the first quarter," TCS CEO N Chandrasekaran said here.
The board has proposed a dividend of Rs 3 a piece on shares of the face value of Re 1. "Tough we continue to see a steady demand for our services, the uncertain global macro economic environment demands that we adopt an entrepreneurial approach and remain agile to capture the growth opportunities as they emerge," Chandrasekaran added.
During the June quarter, the software exporter added 3,576, taking the total headcount to 2,02,190 as on June 30. The company during the quarter added 24 new clients.
TCS shares closed at Rs 1,125.25 on the BSE, down 2.23 per cent from its previous close, on the Bombay Stock Exchange today.
Published 14 July 2011, 12:08 IST