The leading IT firm of India, the Tata Consultancy Services has managed to receive ten large deals. Apart from that the company is has posted a remarkable 4th quarter net profit and net revenue. The company has reported to post Rs. 1,931 crore as net profit for the last quarter; where as the net revenue was Rs 7,737 crore for TCS.

The operating profit of the company has gone up by 1.88% as compared to the preceding quarter. It was reported to be raised by Rs 2,128 crore from last quarter. The company has announced its financial results today.

So far as the fiscal year 2010 is concerned, the company's performance is reasonably good and the net profit for the year stands at Rs 6,873 crore. As per US GAAP accounting standards, this has been excellent figures. The company officials have informed that the margins have gone up due to cost cutting in the business and efficient treasury management.

Moreover the company has managed to get ten large deals in the forth quarter and have added 39 new clients for the same period of time.