Wipro announced little better than expected results and and stocks soared because of that , the Company has posted a net profit of Rs. 10639 million for the quarter ended December 31, 2011 as compared to Rs. 12239 million for the quarter ended December 31, 2010. Total Income has increased from Rs. 67876 million for the quarter ended December 31, 2010 to Rs. 85156 million for the quarter ended December 31, 2011. revenue in the third quarter was up 28% from a year ago to Rs 9,997 crore.Net profit for October-December rose 10% year-on-year to Rs 1,456 crore.

Wipro 20122 December Quarter Results.

Wipro Announces Quarter Ended December 2011 Results is a post from: First Blog for Indian Financial Market

Tata Consultancy Services net profit rose 32.51 Percent to Rs 2062.43 crore in the quarter ended June 2011 compared to Rs 1556.41 crore during the previous quarter ended June 2010. Sales rose 34.36 Percent to Rs 8613.56 crore in the quarter ended June 2011 compared to Rs 6410.95 crore during the previous quarter ended June 2010.
Consolidated Results

In the consolidated results, the company reported net profit after minority interest of Rs 2414.76 crore in the quarter ended June 2011 compared to Rs 1906.07 crore during the previous quarter ended June 2010. Sales reported to Rs 10797.02 crore in the quarter ended June 2011 compared to Rs 8217.28 crore during the previous quarter ended June 2010.

During the period, the company added 24 new clients and the number of clients in the category of $50 million plus increased from 27 to 33. The company has applied for 411 patents including 69 applied for during the quarter. Till date, the company has been granted 68 patents.

In terms of human resources, TCS continued to hire to support business growth. Lateral hiring accounted for 75 per cent of total hiring in the first quarter.There was a total gross addition of 11,988 people (net of 3,576) taking the total employee strength to 2.02 lakh. In the second quarter, the company expects to hire 17,000-20,000.

Tata Consultancy Services Results – Announces quarter ended June 2011 Results is a post from: First Blog for Indian Financial Market

Bajaj Finserv net profit declines 1.69% to Rs 12.21 crore in the quarter ended June 2011 compared to Rs 12.42 crore during the previous quarter ended June 2010. Sales declined 11.47% to Rs 25.70 crore in the quarter ended June 2011 compared to Rs 29.03 crore during the previous quarter ended June 2010.
Consolidated Results
In the consolidated results, net profit reported to Rs 128.73 crore in the quarter ended June 2011 compared to Rs 66.08 crore during the previous quarter ended June 2010. Sales reported to Rs 612.64 crore in the quarter ended June 2011 compared to Rs 123.91 crore during the previous quarter ended June 2010.

Bajaj Finserv Results – Announces quarter ended June 2011 Results is a post from: First Blog for Indian Financial Market

Bajaj Finance net profit rises 94.12% to Rs 90.81 crore in the quarter ended June 2011compared to Rs 46.78 crore during the previous quarter ended June 2010. Sales rose 54.13% to Rs 416.35 crore in the quarter ended June 2011 compared to Rs 270.13 crore during the previous quarter ended June 2010.

Bajaj Finance Results – Announces quarter ended June 2011 Results is a post from: First Blog for Indian Financial Market

Infosys informed the market of its Quarter Ended June 30, 2011 Results .
Revenues

 Revenues were `7,485 crore for the quarter ended June 30, 2011;QoQ growth was 3.2%; YoY growth was 20.8%
 Net profit after tax was `1,722 crore for the quarter ended June 30, 2011;QoQ decline was 5.3%; YoY growth was 15.7%
 Earnings per share (EPS) was `30.14 for the quarter ended June 30, 2011;QoQ decline was 5.3%; YoY growth was 15.7%

Others

 26 clients were added during the quarter by Infosys and its subsidiaries
 Gross addition of 9,922 employees (net addition of 2,740) for the quarter by Infosys and itssubsidiaries
 1,33,560 employees as on June 30, 2011 for Infosys and its subsidiaries

Infosys Results – Announces Results for the Quarter Ended June 30, 2011 is a post from: First Blog for Indian Financial Market