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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:
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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