Strong Order Book and Double Digit Growth Mark Stand-Out Year for TCS

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MUMBAI, India, April 12, 2019 /PRNewswire/ — Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions firm reported its consolidated financial results according to Ind AS and IFRS, for the quarter and the financial year ended as on March 31, 2019.

Annual Highlights for 2018-19

Q4 FY 2019 Highlights

  • Digital Revenue: 28.6% of Rev, +50.6% YoY in CC
  • Robust Client Additions:
       $100M+ band: 44 (+6 YoY)
       $50M+ band: 99 (+2 YoY)
       $20M+ band: 215 (+8 YoY)
       $10M+ band: 371 (+21 YoY)
       $5M+ band: 532 (+37 YoY)
       $1M+ band: 1008 (+45 YoY)
  • Employee Metrics:
    • Net addition: 29,287 employees (FY 18: 7,775)
    • Employee headcount: 424,285
    • LTM IT Services Attrition: 11.3%
  • Cash Conversion: Operating Cash Flow 100.6% of Net Income.
  • Over $ 3,863 of cash returned to shareholders in dividends and buyback
  • FY 19 EPS at $1.19, up 14.0% YoY
  • Revenue of $5.4 Bn, +8.5% YoY (+12.7% YoY and +2.4% QoQ in CC)
  • Digital Revenue: 31% of Rev, +46.4% YoY in CC
  • Operating Margin: 25.1%, -31 bps YoY

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