Indian firm Tata shows big revenue boost

INDIAN GIANT Tata Consultancy Services said that its revenue soared by 38.2 per cent for its third financial quarter, while its profit was up 54.1 per cent compared to the same period last year.

The firm turned in revenues of Rs. 2578.4 crore*, while its net profit amounted to Rs. 709.3 crore. It also added 72 clients to its portfolio in its financial third quarter, while it employed 2,733 additional staff.

It now has a total of 506 active clients. In the car sector, Ferrari chose Tata for its IT and engineering services. It said major studios hired it, while the banking and financial services sector also chose Tata.

Unnamed large telco service providers also hired Tata to implement customer relations management systems including strategic IT planning.

Pharmacy and grocery chains also hired Tata to support next gen distie centres. Tata said a large Fortune 1000 food consumer products firm chose it to provide plant design and engineering services, while a tier one Aerospace firm chose it to do design and engineering services.

Banks and others all chose Tata consultancy services. µ

* A CRORE is 10 million rupees. A lakh is a hundred thousand rupees. At current exchange rates, one US dollar = Rs 43.71. Indian civilisation invented the zero. The numbers here are one to nine, in Devanagari characters. The Devanagari zero (sunya) looks like our zero. The Sanskrit names for the numbers are eka, dva, tri, chatur, pancha, shashta, sapta ashta and nava. Coincidence? We think not.

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