INSUBCONTINENT EXCLUSIVE:
year-on-year decline in profit, and warned that the coronavirus pandemic had completely reversed the positive momentum it saw in the first
half of the quarter.
TCS reported Rs 8,049 crore profit for the fourth quarter ended March 31
spoilsport:Rajesh Gopinathan, Chief Executive Officer and Managing Director said the pandemic completely reversed the positive momentum the
closures during the quarter
a difficult and uncertain period, our strong balance sheet, best-in-class profitability and the inherent resilience of our business model
dividend of Rs 6 per share.
Life Sciences/healthcare lead the charge: Revenue growth was led by life sciences - healthcare (16.2 per cent),
communications - media (9.3 per cent) and manufacturing (7 per cent)
Retail - CPG grew 4.2 per cent and technology - services grew 3.5 per cent
BFSI revenue declined 1.3 per cent.
Europe top contributor: Growth was led by Europe (11.9 per cent) and the UK (5.4 per cent), latin
America grew 3.9 per cent, Asia Pacific grew 3.5 per cent and MEA grew 1.3 per cent
North America grew 0.2 per cent while India declined 1.9 per cent.
Net employee additions: The company added 1,789 employees in the
