Tata Consultancy Services has reported a healthy first quarter financial earnings report, with revenues reaching US$2.73 billion and a net income of US$604 million, driven by broad-based growth across all industry sectors.

In its financial statement recently released, the Indian IT services company said its revenues grew by 13.1% year-on-year to hit US$2.73 billion, while net income went up by 13.6% to reach US$604 million for the quarter ended Jun. 30, 2012. It also stated operating profits grew by 18.9% on-year to US$750 million.

Source: ZDNet