TCS reported a 13.5% increase in the consolidated net profit to Rs.2,16,961 million from Rs.1,91,168 million on financial year on year basis. The sales increased by 15.7% to Rs.9,46,484 million from Rs.8,18,094 million on a year on year basis.
TCS reported a 12.9% increase in the dollar denominated consolidated net profit to USD 3542 million from USD 3139 million on financial year on year basis. The dollar denominated sales increased by 16% to USD 15,454 million from Rs.13,442 million on a year on year basis.
TCS reported a 11.5% increase in the consolidated net profit to Rs.59,059 million from Rs.52,967 million on a year on year basis and an increase of 8.48% from Rs.54,441 million on a sequential quarter on quarter basis. The sales increased by 12.38% to Rs.2,42,198 million from Rs.2,15,511 million on a year on year basis and a decline of 1.15% from Rs.2,45,011 million on a sequential quarter on quarter basis. The company added 46 clients and 14,395 employees (gross) during Q4FY15.
The dollar denominated consolidated net profit has shown an increase of 10.5% to USD 951 million from USD 861 million on a year on year basis and an increase of 8.9% from USD 873 million on a sequential quarter on quarter basis. The dollar denominated sales increased by 11.4% to USD 3.9 billion from USD 3.503 billion on a year on year basis and a decline of 0.8% from USD 3.931 billion on a sequential quarter on quarter basis.
During the Financial Year 2014-15 the company has seen revenue contribution from the North American region at 51.9% compared to 53% in the year 201314. The other highlight includes increase in the contribution in revenues from the Asia Pacific region to 9.3% in FY 2014-15 from 7.2% in FY 2013-14.
BFSI, Retail, Manufacturing and Healthcare segments have shown growth on a year on year basis. BFSI contributed 40.7% of the revenues followed by Retail at 13.8% in FY 2014-15.
The Company will pay employees a special reward or one-time bonus to mark the 10th anniversary of the company’s initial public offering in 2004. For the company, the total consideration for this special reward to employees will be Rs.26.28 billion.
TCS stock has declined 4% after announcement of Q4FY15 results. According to the CEO Mr. Chandrashekaran the company’s execution has been solid and the dismal Q4FY15 earnings come on back of poor macroeconomic and demand conditions. The beginning of the Q4FY15 earnings season suggests tepid growth for the IT industry with the largest player reporting not so encouraging results.
