TCS expects strong deal pipeline: Executives

Written By Unknown on Rabu, 17 April 2013 | 21.03

Tata Consultancy Services Ltd , India's top software services provider, expects its deal pipeline to be strong and fiscal year 2014 to be better than 2013, the company's chief executive officer, N Chandrasekaran, told reporters on Wednesday.

TCS, which plans to add 45,000 staff in the fiscal year 2014, reported a 22 percent rise in quarterly profit after winning orders from customers, including Nokia and BNP Paribas , earlier on Wednesday.

Net profit for the fiscal fourth quarter ended March 31 rose to 35.97 billion rupees from 29.46 billion rupees a year earlier.

Read more: TCS Q4 net up 22% YoY to Rs 3,597cr on higher other income

TCS is interested in acquisition opportunities in Germany and Japan, the company's chief executive officer, N Chandrasekaran, told reporters on Wednesday.



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