TCS Q2 net up at Rs 693.7 crore

Tata Consultancy Services, India's largest IT company, has reported a rise of 10 per cent in its net profit quarter-on-quarter for the second quarter ended September 2005 to Rs 693.71 crore (Rs 6.937 billion).
There was a gross addition of 5,596 employees and net addition of 4,224 employees. TCS' attrition rate was 8.7% for the last 12 months, the lowest in the Indian IT industry. TCS was named best IT employer for the year 2005 by DataQuest.

 

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