Pick-up in discretionary spend by clients and revenue growth across geographies saw Tata Consultancy Services (TCS) report a net profit of Rs.3,512.3 crore for the second quarter of 2012-13, a 44 per cent growth over the year-ago figure of Rs.2,439 crore. During the period, the company’s revenue was up 34.3 per cent at Rs.15, 620.8 crore. The operating profit grew 32.5 per cent to Rs.4,179 crore. TCS has declared a second interim dividend of Rs.3 per share of Re.1 each. Addressing a press conference here on Friday, N. Chandrasekaran, CEO & MD, said, “We delivered a strong performance with growth across industries and geographies. As the global operating environment continues to evolve, there is little doubt that technology is playing a more pivotal role to shape the future of every industry than ever before. Customers are getting more adapted to the macros and higher discretionary spends are back. We are investing hugely in areas such as digital in an effort to be holistic with ...
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