The company announced the results after market hours on Wednesday, 18 April 2012.

Meanwhile, the BSE Sensex was up 20.77 points or 0.12% to 17,413.16.

On BSE, 4,759 shares were traded in the counter as against average daily volume of 2,810 shares in the past one quarter.

The stock hit a high of Rs 1,019.80 and a low of Rs 971.35 so far during the day. The stock had hit a record high of Rs 1,390 on 13 May 2011. The stock had hit a 52-week low of Rs 728 on 25 October 2011.

The mid-cap stock underperformed the market over the past one month till 18 April 2012, falling 2.09% compared with the Sensex's 0.42% fall. The scrip had, however, outperformed the market in past one quarter, surging 11.17% as against Sensex's 5.72% gain.

The company has an equity capital of Rs 30.30 crore. Face value per share is Rs 10.

CMC's consolidated net profit rose 3.77% to Rs 42.93 crore on 3.3% growth in net sales to Rs 408.91 crore in Q4 March 2012 over Q3 December 2011.

The other income for the year ended 31 March 2012 includes Rs 26.93 crore pertaining to dividend received from its wholly owned subsidiary, CMC Americas Inc, CMC said.

CMC said it is in the process of enhancing its capacities at SEZ's at Hyderabad and Kolkata, to cater to the growth in international business. The company added 14 clients in Q4 March 2012 and 74 clients during the year ended 31 March 2012. The company also added 3,379 employees this year, taking its total employee count to 10,775 as on 31 March 2012, CMC said.

Commenting on the results, Mr R Ramanan, CEO & MD, CMC said, The company has accelerated its growth momentum during the year in difficult business environment in both Domestic and International markets. The company continues to focus on value adding solutions and services in line with its stated business strategies.

Mr Ramanan further added, The company has seen early success in its efforts to penetrate in new geographies, particularly Middle East and Africa.

CMC's board of directors at a meeting held on Wednesday, 18 April 2012 proposed a dividend of Rs 12.50 per share for the year ended 31 March 2012.

CMC is a subsidiary of IT giant Tata Consultancy Services (TCS). CMC offers IT solutions in India. The company has a wholly owned subsidiary in US, CMC Americas Inc.