Tata Consultancy Services (TCS) has reported a year-on-year increase of 44 per cent in net profit, from Rs. 2,439 crore in the second quarter of 2011 to Rs. 3,512.3 crore in the second quarter of this year.

Revenue jumped 34.3 per cent to settle at Rs. 15,620.8 crore, while operating profit jumped 32.5 per cent to Rs. 4,179 crore.

During the three months to September 30, net profit margin jumped 151 basis points to settle at 22.5 per cent, while the operating margin slipped 36 basis points to 26.8 per cent.

N. Chandrasekaran, chief executive & managing director of TCS, said, "One should not read too much into the drop in operating margins as we are positive on growth. A lot of growth came from emerging markets and our onsite work went up significantly."

For shareholders, the company has declared an interim dividend of Rs. 3 per share of Re. 1 each.

TCS gained 41 new clients and bagged 11 big deals during the three-month period. There was a net addition of 10,531 people and a total gross addition of 18,654 people during the three months. At the end of the quarter, TCS' employee strength was 254,076.

TCS also revealed its plans to hire 25,000 people from campuses during the fiscal year of 2012-13.