TCS results beats dalal street expectations, Q1 revenues up 11.3%

TCS Q1 net up 8.4% to Rs 863 cr; Q1 revenue up 11.3% to Rs 4144 cr

TCS Q1 net profit is up 8.4% to Rs 863 crore Vs Rs 795.78 crore. Its Q1 revenues are up 11.3% at Rs 4,144 crore Vs Rs 3,732.4 crore. TCS adds 62 new clients in Q1 and hired 7,095 staff. TCS Q1 revenues are in line with street expectations.

Q1 Highlights
-Adds 62 new clients vs 89 new clients in Q4
-Adds 7095 net employees vs 3571 net employees in Q4
-Other income of Rs 66.7 cr vs loss of Rs 3.99 cr in Q4
-Plans to add 30500 employees in FY07
-Already made 9200 campus offers

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