(PTI) Software major Tata Consultancy Services on Wednesday reported a 14.8 per cent rise in net income to ₹11,392 crore for the fourth quarter of last fiscal against ₹9,959 crore in the year-ago period.
The country's largest technology services company by market value said its revenue rose 16.9 per cent to ₹59,162 crore during the reporting season from ₹50,591 crore a year ago.
The company said its operating margins stood at 24.5 per cent in the fourth quarter against 24.1 per cent a year ago.
K Krithivasan, the CEO and MD-designate from mid-March, will formally take over from the incumbent Rajesh Gopinathan from June 1, the company said in a statement.
The company, the largest private sector employer in the country with over 5 lakh payrolls, said it has added a net of 821 employees during the quarter.
Ahead of the earnings announcement, the TCS counter gained 0.87 per cent to ₹3,242.10 on the BSE, while the benchmark Sensex rallied for the eighth consecutive day, rising 235 points.
