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Tata Consulancy Services offers 1:1 Bonus

Monday, April 20, 2009 | | |


Tata Consulancy Services gave pleasunt surprise to shareholder as well as trader in form of bonus. In present worse global condition company maintained is operating profit margin by moving thousands of employees from expensive onsite location to offshore sites, maintained expenses on travel and other expenditure on minimum side.

The company's net profit grew 4.6 % y-y to Rs 13140 crore, while revenue grew 17.7% to Rs 7171.8 crore in fourth quarter of FY09.

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