Summary:
Operating margin for the quarter at 17.2 percent was marginally up from 16.8 per cent year ago and 14.4 per cent quarter ago. Sequentially, however, net profit grew 16 per cent from Rs 1,801 crore quarter ago. The IT services business added 75 clients during the quarter as against 58 quarter ago and 45 year ago, taking their total number to 1,254 in Q1 from 1,248 quarter ago and 1,244 year ago. The company’s global IT services business contributed Rs 13,700 crore, registering 5.2 per cent annual and 2.2 per cent sequentially growth. Though the company added 832 techies to increase its headcount to 164,659 at the end of the quarter from 163,827 quarter ago, it was still 822 less than 165,481 year ago..