TCS

The company posted much better than expected numbers but to some extent, the 29% surge in other income helped boosted the earnings. TCS posted a 4% (QoQ) rise in revenue at Rs.28,449 crore. Operating profit was up 2% at Rs.7412 crore and margins were flat at 26.1% v/s 26.6%. The company has said that cross currency impact was the culprit, knocking off 60 bps from the margins.  ­­­­EBITDA for the quarter came in at Rs.7747 crore, up just 2%. Net profit for Q4 was at Rs.6341 crore, up 4% and NPM remained status quo at 22.3%.

In terms of geographical distribution, North America remained the biggest at 54%, recording a 2.4%  growth. UK which contributes 15% showed a degrowth of 0.4%. In terms of verticals, BFSI remains the number one at 41% and it reported a 3.2% growth. Digital revenue now contributes over 15%  to the total revenue of TCS.

TCS added 22,567 employees in Q4 and total employee strength was at 3,53,843.