TCS is going great as is Infosys! It seems that now that the Indian trio of Wipro, Infy, and TCS have their business model tuned up correctly, they are set to expand at a jet speed ahead!
TCS is now looking at 10 deals of $50 mn each! That is $500 mn just from 10 deals in the next FY! It took Indian companies YEARS to reach the $1 bn mark.. and there was enough celebration on that milestones.. now that seems like just a half yearly target by today’s standards!
Tata Consultancy Services has delivered a stellar set of numbers this quarter (Q3). The company posted a net profit of Rs 1104.7 crore (Rs 11.04 billion) versus Rs 991.5 crore (Rs 9.91 billion) in the previous quarter, increased by 11.41%.