TCS delivers steady performance in Q3, maintains industry-leading momentum

PRESS RELEASE

 

TCS delivers steady performance in Q3, maintains industry-leading momentum

Revenues at $3.93 billion, up 14.3% Y-o-Y

Highlights for Q3 2014-15

  • Constant currency revenue growth of 2.5%
  • Significant addition of customers across all revenue bands
  • Net Income at $ 873 million up 4.4% Y-o-Y

Mumbai, January 15, 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 December 31, 2014.

Financial Highlights for Quarter Ended December 31, 2014

  • Operating Profit at $ 1,063 million up 3.9 % Y-o-Y

Business Highlights for Quarter Ended December 31, 2014

  • Gross employee addition: 16,561
  • Total headcount: 318,625
  • Utilization: 86.7% (excluding trainees) & 82.1% (including trainees)
  • No of $100m+ clients increases by 1; No of $50m+ clients increase by 3; No of $5M+ clients increase by 20

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

Financial Statements

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