TCS Q4 Results: TCS reports 15% rise in Q4 profit; adds highest ever employees in a quarter | India Business News
BENGALURU: Tata Consultancy Services Ltd reported a 14.9% rise in March-quarter profit on Monday, as India’s top IT services firm benefited from an uptick in cloud services demand during the Covid-19 crisis.
The company’s consolidated profit for the quarter came in at Rs 9,246 crore ($1.23 billion), compared with Rs 8,049 crore a year earlier.
Its consolidated revenue rose 9.4% to Rs 43,705 crore, and it recommended a final dividend of Rs 15 per share.
TCS said it added 19,388 employees in Q4, highest ever in a quarter.
The total headcount stood at 488,649, a net addition of 40,185 during the year. The workforce continues to be young
and very diverse, comprising 154 nationalities and with women making up 36.5% of the workforce, the company stated.
“With the second wave of the pandemic upon us, our top priority is once again to secure the health and personal wellbeing of our workforce across the world. We are looking at ways to expedite vaccinations for eligible TCSers wherever local regulations allow it,” said Milind Lakkad, chief HR officer.
(With inputs from agencies)
