Strong customer additions, holistic growth helps TCS take market leadership in FY15

PRESS RELEASE

 

Strong customer additions, holistic growth helps TCS take market leadership in FY15

Investments in Digital, Platforms, Automation provides ideal growth springboard for FY16

> Annual Revenues at $15.5B up 15%; 17% in constant currency

> Annual *Net Income at $3.5B; up 12.8% Y-o-Y

Mumbai, April 16, 2015: Tata Consultancy Services (TCS),(BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions firm reported its consolidated financial results according to IFRS US dollars for the quarter ended March 31, 2015.

Annual Highlights for 2014-15

> Customer Revenue Metrics:

  - Clients in $100M+ band increased by 5

  - Clients in $50M+ band increased by 15

  - Clients in $20M+ band increased by 26

> Gross addition: 67,123 employees

> Net addition: 19,192 employees

>Total employee strength: 319,656 

Highlights for Q4 2014-15

> Revenues at $3.90 b up (0.8%) Q-o-Q

> *Net Income at $951 m up 8.9% Q-o-Q

> Gross addition: 14,395 professionals

> Net addition: 1,031 employees

> Attrition rate: 14.9 % LTM

> Utilization Rate (excl trainees): 85.4 %

> Utilization Rate (incl trainees): 81.5 %

The full text of the press release can be found below:

- Press Release (Indian GAAP)

- Press Release (IFRS - INR)

- Press Release (IFRS - USD)

Financial Statements

- Indian GAAP (Consolidated and Standalone)

- Indian GAAP (Condensed Consolidated)

- Indian GAAP (Condensed Standalone)

- IFRS (Consolidated, Unaudited - USD)

- IFRS (Extracts from Consolidated, Unaudited - INR)

*Figures are excluding One-time Special Employee Reward of $423 million in Q4; reported figures are available here.

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