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CMC Financial Results Q2FY11

CMC is a pioneer Information Technology solutions provider in India and is a subsidiary of Tata Consultancy Services Limited, Asia’s largest software Company. CMC had a consolidated revenue of Rs. 871 crore for 2009-10. Operating out of 18 offices and 180 service locations in the country, CMC employed around 5600 people on March 31, 2010 and has a wholly owned subsidiary in USA called CMC Americas, Inc.

Financial Highlights

  • Consolidated Operating revenue of Rs. 271.38 crore in quarter ending September 30, 2010, which represents 11% growth over previous quarter
  • Operating Profit (EBITDA) of Rs. 52.95 crore
  • Profit after Tax (PAT) of Rs. 43.62 crore during the quarter
  • 23 added clients during the quarter – 12 in Americas and 11 in India

http://www.cmcltd.com/news_events/press_releases/PDF/Press_Release_Q2FY11.pdf

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Categories: News | Vendors
Posted by Ratish.p on Sunday, December 26, 2010 4:42 AM
     
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