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Tata Consultancy Q2 revenue, profit rise

October 15 2013

Information technology services provider Tata Consultancy Services reported revenue rose 17 percent in U.S. dollars to US$3.34 billion in its fiscal second quarter ended Sept. 30. The company cited growth across industries and geographies with industry growth led by life science, media, energy and utilities, and the banking and financial services industry. Europe and North America led growth among geographies.

Operating profit rose 31.9 percent year-over-year in the second quarter. Net income rose 16.4 percent to $748 million.

The company reported it added a net 7,664 employees globally in the second quarter.

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