TCS Q1 net rises to Rs 1,290.61 crore

Tata Consultancy Services reported a very good growth in its net profit for the first quarter ( TCS Q1 )results ended June 2008. During this first quarter, the profit of the company rose to 12.12% which was in rupees 12,040.10 million from Rs 10,738.50 million in the same quarter, previous year.
The company posted earnings of Rs 12.30 for a share during the first quarter, which is 12.12% growth rate over last year period.
Net sales for the first quarter of Tata consultancy services rose 24.69% to Rs 52,120.00 million, while total income for the quarter rose 22.74% to Rs 53,218.80 million, when compared with the prior year period prices.