InvestorQ : What is your take on the quarterly results of TCS for the Mar-21 quarter?
ishika Banerjee made post

What is your take on the quarterly results of TCS for the Mar-21 quarter?

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8 months ago
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TCS the IT bellwether reported 14.9% growth in consolidated net profits for the four and final quarter of FY21 at Rs.9,246 crore. The OPM for the quarter stood at a high of 26.8% while the net profit margins stood at 21.2%. Both these margin items showed nearly 100 bps improvement on a yoy basis on the back of better operational metrics.

During the full year FY21, employee attrition rate stood at 7.2%. This is sharply lower than the average of previous years at close to 12% and is also the lowest rate of attrition seen by TCS in its history. TCS reported record $9.2 billion in order book as measured by Total Contract Value or TCV on March 31. The TCS board has proposed a final dividend of Rs.15 per share. In a tough year, TCS managed to add 19,388 employees to its rolls.

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