IT major Tata Consultancy Services (TCS) on Thursday reported 1.80 per cent year-on-year (YoY) rise in consolidated profit at Rs 8,042 crore for the quarter ended September 30. TCS has set October 18 as record date and October 24 as payment date for the same.Operating income of the company came in at Rs 9,361 crore, down 4.20 per cent from last year. Earnings per share increased to Rs 21.43 against Rs 20.66 on a yearly basis.IT services attrition rate stood at 11.60 per cent LTM. TCS added 14,097 employees in July-September. Our margins in Q2 reflect our continued investments in our people, and in building the capacity we need to fulfill our strong order book," said CFO V Ramakrishnan.

Source: Economic Times October 10, 2019 11:16 UTC