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  1. TCS Q2 results declared: CEO N Chandrasekaran’s top 5 quotes

TCS Q2 results declared: CEO N Chandrasekaran’s top 5 quotes

TCS Q2 results: Tata Consultancy Services Ltd (TCS), India's largest software services exporter, on Tuesday reported a 14.5 percent rise in quarterly net profit, meeting estimates...

By: | Mumbai | Updated: October 14, 2015 9:16 AM
N Chandrasekaran said TCS added three clients in 0 million band and  million customers are up by 6 in Q2. (Courtesy: Twitter)

TCS Q2 results: N Chandrasekaran said TCS added three clients in 0 million band and million customers are up by 6 in Q2. (Courtesy: Twitter)

Tata Consultancy Services Ltd (TCS), India’s largest software services exporter, on Tuesday reported a 14.5 percent rise in quarterly net profit, meeting estimates, helped by a rise in new deals and a push towards digitisation. TCS reported a net profit of Rs 6,055 crore ($928.93 million) for the second quarter (Q2) ended September. Here are the top 5 quotes by CEO & MD N Chandrasekaran:

1. N Chandrasekaran: We have always performed better than the industry. We are happy with our performance in Q2. TCS added three clients in $100 million band. $10 million customers are up by 6 in Q2.

2. N Chandrasekaran: We will be hiring. We are looking at building up the bench at TCS. We have increased hiring target to 75,000 from 60,000.

3. N Chandrasekaran: Over 30,000 employees have already been trained in digital learning platform in Q2. Gross employee addition in Q2 was 25,186, taking total headcount to 335,620.

4. N Chandrasekaran: (On a query about dollar-rupee volatility) This is no longer a dollar-rupee game for TCS. So many currencies are involved, Australian dollar, Brazilian real, Euro, and others. TCS is involved and affected by so many countries now.

5. N Chandrasekaran: (On the future, TCS’ strong/weak areas and expectations about the traditionally weak third quarter) There are always some weak spots, some strong in every company, but overall we are doing very well. And, what I will say is, the opportunities are huge.

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