Robust volumes and core markets drive broad-based growth in Q1

PRESS RELEASE

 

Robust volumes and core markets drive broad-based growth in Q1

Strong Uptick seen in ‘Digital’ engagements across key verticals

Revenue at $4,036 million up 9.3 % Y-o-Y

  • Volume growth at 4.8%
  • Net Income at $898 million up 6.2% Y-o-Y
  • TCS will train 100,000 ‘Digital’ professionals in FY16
  • Launched IgnioTM – the World’s first neural automation system for enterprises

MUMBAI, July 9, 2015: Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions firm reported its consolidated financial results according to IFRS for the quarter ended June 30, 2015.

Business Highlights for Quarter Ended June 30, 2015

  • Gross addition of 20,302 associates
  • Total employees: 324,935
  • Utilization at 86.3% (excluding trainees)
  • Ten clients added in $20M+ band; One additional client each in $50M+ and $100M+ bands

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