- News>
- ICE Economy
TCS joins billionaires` club, revenues cross Rs 5,000 cr
New Delhi, June 20: IT major Tata Consultancy Services has posted 20 per cent growth in revenues at Rs 5,012 crore for the year ending March 31, 2003 compared to Rs 4,187 crore in the previous fiscal.
New Delhi, June 20: IT major Tata Consultancy Services has posted 20 per cent growth in revenues at Rs 5,012 crore for the year ending March 31, 2003 compared to Rs 4,187 crore in the previous fiscal.
Exports during the period under review stood at Rs 4545.26 crore compared to Rs 3,865.59 crore in the previous fiscal, TCS CEO S Ramadorai told newspersons on Friday.
Domestic sales for FY'03 stood at Rs 369.07 crore compared to Rs 247.89 crore, he added.
Other income for the year under review stood at Rs 98.05 crore as against Rs 57.90 crore in the previous year, he said adding the company had added 4,763 employees in 2002-03.
The revenues are on stand alone basis and do include the sales of CMC Ltd, which was acquired following its disinvestment two years ago.
Bureau Report