Q4, final.00 2-Jun-18 19-Jun.
Positively, if these three troubled sectors are excluded, the volume growth stood.7 per cent, healthy and higher than many analysts had estimated.
TCS' adjusted net profit (excluding employee bonus) stood at Rs 5,906 crore (Rs.06 billion) versus consensus Bloomberg estimates of Rs 5,388 crore (Rs.88 billion).Clearly, the headwinds were higher than expected.The only headwinds we see are from the energy sector and we will win wedding money instead of gifts wording continue to see in Diligenta revenues.We talked about it at the board level and felt we should do something to mark this anniversary for the employees because they contribute to making TCS what it is, said CEO Mhandrasekaran on the decision to announce the special reward.Chandrasekaran also for the first time disclosed revenue from the companys so-called cloud platform, which he said were operating in near-stealth mode for the last couple of years contributed 125 million in revenue and were growing at 55 per cent yearover-year.The management, however, sounds confident of sustaining the margins within its earlier stated band of 26-28 per cent.India's biggest outsourcer will give one week's salary for every enter for a chance to win money camaro synergy year of service rendered, a move that will cost the company 423 million or Rs 2,628 crore.Utilisation at the company came in at about.4 per cent, marginally down from the previous quarter.
(This) will increasingly automate many activities and whose self-learning capabilities will yield productivity gains and actually improve with time because of its intelligence, he said, adding that TCS had already done pilot runs with five of its large clients and would soon launch the platform.
Operationally, though, performance was better.
We don't give guidance.
There is volatility in telecom and we cant control currency movements.
The weakness in these ate away nearly half of TCS' sequential volume growth.
We have had headwinds in businesses like Diligenta (TCS' UK subsidiary offering BPO services for life insurance and pension businesses) and energy.
Q1, interim.00 25-Jul-17 01-Aug, q4, final.50 14-Jun-17 23-Jun Q3 Interim.50 24-Jan-17 01-Feb Q2 Interim.50 25-Oct-16 02-Nov Q1 Interim.50 26-Jul-16 2-Aug Q4 Final.00 7-Jun-16 24-Jun Q3 Interim.50 22-Jan-16 29-Jan Q2 Interim.50 26-Oct-15 30-Oct Q1 Interim.50 21-Jul-15 03-Aug.This however is not the highest ever attrition in TCS' history.Indias largest software services company said on Thursday all its employees who have been with it for a year or more will get one weeks pay for every year of service to mark its 10 years as a publicly listed company.A weak show in three verticals - insurance (particularly that of Diligenta acquisition telecom and energy - affected the revenue growth.Attrition crept up.9 per cent in quarter IV, which the firm attributed to improving demand in the IT industry.Excluding the one-time bonus of Rs 2,628 crore (Rs.28 billion) to employees to mark the 10 th anniversary of TCS' listing, the operating profit margin increased 18 basis points sequentially.2 per cent.TCS also said it would give its employees pay increases of 6-10 per cent, a shade better than Bengaluru-based rival Infosys 6-9 per cent increase.While employees had much to cheer, in case of investors, it was less so, as special bonus payout, which company officials and compensation experts said was unprecedented for India Inc, saw TCS net income fall year on year.The results were slightly below expectations on the revenue front.Cross-currency headwinds also impacted fallout new vegas ps3 eb games dollar revenue growth, of 270 basis points.
That's despite a 48 basis points hit on account of unfavourable cross-currency moves.