INSUBCONTINENT EXCLUSIVE:
Tata Consultancy Services, India's biggest IT company, on Thursday reported 0.94 per cent year-on-year (YoY) fall in profit (attributable
to shareholders) at Rs 8,049 crore for the fourth quarter ended March 31
Analysts in an ET NOW poll had projected the figure at Rs 8,216 crore.
The board of the company also recommended a final dividend of Rs
verticals in the first half of the quarter
On the positive side, we had very strong deal closures during the quarter
In fact, our order book this quarter is the largest ever, from the time we started reporting the metric
per cent year on year, with operating margin expanding to 25.10 per cent.
As of March 31, TCS applied for 5,216 patents, including 210
applied during the quarter, and has been granted 1,341 patents.
TCS hired 24,179 employees on a net basis in 2020, taking up the total
headcount to 4,48,464 as of March 31
The workforce comprised of 144 nationalities and with women making up 36.2 per cent of the workforce.
For the full financial year ended
March 31, the company posted 2.75 per cent growth in net income at Rs 32,340 crore.
Earlier in the day, shares of the company settled 1.09
per cent down at Rs 1,715 on BSE ahead of its earnings announcement
BSE benchmark Sensex ended 222.80 points, or 0.73 per cent, higher at 30,602.
