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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:

- Press Release (Indian GAAP)

- Press Release (IFRS - INR)

- Press Release (IFRS - USD)

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.

TCS Media Contacts

Media

Email: Pradipta.bagchi@tcs.com | shamala.p@tcs.com | h.ramachandra@tcs.com

+91 22 6778 9999

Investor Relations

Email: Kedar.shirali@tcs.com

+91 22 6778 9999