TCS closes FY13 with sustained growth momentum

PRESS RELEASE

 

TCS closes FY13 with sustained growth momentum

  • Annual revenues at $11.6B up 13.7% and 16.2% in constant currency
  • Annual net income at $2.6B; up 15.6% Y-o-Y

Annual Highlights for 2012-13

  • $100m+ clients rise to 16 (14 in FY12)
  • Gross addition: 69,728 employees
  • Net addition: 37,613 employees
  • Total employee strength: 276,196

Highlights for Q4 2012-13

  • Revenues at $3.04B up 3.1% Q-o-Q
  • Net income at $663M up 1.8% Q-o-Q
  • Gross addition: 20,098 professionals
  • Net addition: 12,559 employees
  • Attrition rate: 10.6% LTM
  • Utilization rate (excluding trainees): 82.0%
  • Utilization rate (including trainees): 72.2%

Mumbai, April 17, 2013: 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, 2013.

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

Access Financial Statements for Q4 & FY 2012-13. | Visit the Investors’ section for more financial information.

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