TCS crosses $10 b on strong growth momentum in 2011-12

PRESS RELEASE

 

TCS crosses $10 b on strong growth momentum in 2011-12

  • Annual revenues up 24% at $10.17 b
  • Annual net income at $2.2 b; Up 16% Y-o-Y

 

   Annual Highlights for 2011-12

   Highlights for Q4 2011-12
  • Infrastructure Services, Enterprise Solutions, BPO Services cross $1 billion in revenues
  • $100m+ clients rise to 14 (8 in FY11)
  • All-time high gross addition: 70,400 employees
  • All time high net addition: 39,969 employees
  • Total employee strength: 238,583

 
  • Q4 revenues at $2.64 billion up 2.4%
  • Net income at $585 m up 3.0%
  • Gross addition: 19,156 professionals
  • Net addition: 11,832 employees
  • Attrition rate: 12.2% LTM
  • Utilization rate (excl trainees): 80.6%
  • Utilization rate (incl trainees): 71.3%
Mumbai, April 23, 2012: 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 for the quarter and financial year ended March 31, 2012.

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Financial Statements

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