TCS crosses $10 billion milestone
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Tata Consultancy Services (TCS) has reported its consolidated financial results according to IFRS for the quarter and financial year ended March 31, 2012. The company became the first Indian IT company to cross the ten billion dollar milestone posting annual revenues of $ 10.17 billion. N. Chandrasekaran, CEO and MD said, "We have carried our strong momentum through the fourth quarter to close out a year of strong growth. We have kept our focus on profitability and consolidated our market leadership." He added: "With our customer-centric approach, strong solution set and investments in game-changing technologies like mobility, big data and cloud, we remain well positioned to help our customers transform and drive growth in their businesses. TCS is well prepared to achieve balanced growth across the industries and markets it operates in, given its holistic portfolio of services which are now achieving significant scale across m