Tata Consultancy Services on Monday increased its consolidated net profit by 14.9% to Rs.69,246 crore for the fourth quarter ended March 31, 2021 as compared to the prior period.
Revenue rose 9.4% to 43,705 crores. Continuous currency growth was 5.9% year-on-year.
Net margin at 21.2% was 1% higher than the previous year. Operating margin increased 1.7% at 26.8%.
The board has proposed a final split of ₹ 15 per share.
For FY21, the company recorded a net profit of ₹ 33,388 crore on revenue of ₹ 1,64,177 crore, up 4.6%.
Rajesh Gopinathan, CEO and MD said, “Our investment in the last decade in building new capabilities and in research and innovation has put us in a good position for multi-year technology services opportunities.”
“Our focus in FY 2012 will be to engage with customers on our development agenda, which will be driven by innovation and leveraging collective knowledge,” he said.
“, Our performance in Q4 is of three consecutive quarters of strong performance in an epidemic year, and gives us a strong exit from fiscal year 2121,” V. Ramakrishnan, CFO, said.
During the quarter, BFSI fell 13.3% (yoy), retail and CPG 0.9%, life sciences and healthcare up 19.3%, 1.3% manufacturing, technology and services 3.9%, and communications and media down 4%.
Growth was led by Continental Europe by 11.7%, North America by 5.9% and UK by 1%.
In Q4, TCS added 19,388 employees to its roll on a net basis, the highest in a quarter. Total headcount was 4,88,649, a net addition of 40,185 during the year.
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