Tata Consultancy Services (TCS) has reported an astounding 16.9% YoY increase in revenue in the TCS Q4 results, bringing their earnings to a whopping Rs 59,162 crore. And that's not all, their profit also skyrocketed by 14.76% YoY to Rs 11,392 crore.

Let's delve deeper into TCS's success and a complete overview into the TCS Q4 results.

 

TCS Q4 results: Impressive Financials

TCS's revenue growth of 16.9% YoY is no small feat. It demonstrates their ability to perform exceptionally well even during challenging times. Their profit growth of 14.76% YoY is equally impressive, and it's a clear indication that TCS is a company that knows how to deliver results.

Furthermore, TCS's operating margin of 24.5% and net margin of 19.3% is a testament to their operational efficiency and financial strength. They have consistently delivered strong financial performance and the performance at the TCS Q4 results were nothing different.

 

Bright Future Ahead

TCS is not resting on their laurels. They have a robust order book of $10 billion, which is an all-time high, and they are looking forward to a bright future. With a remarkable FY23 order book TCV of $34.1 billion, TCS's CEO and MD, Rajesh Gopinathan, is confident about the company's growth prospects.

TCS's impressive order book is an indicator of the resilience of demand for their services in the TCS Q4 results. It gives them visibility for growth in the medium term and sets them up for continued success.

 

Shareholders Rejoice

TCS is committed to sharing their success with their shareholders. At their recent board meeting, they announced a final dividend of Rs 24 per share, showcasing their commitment to rewarding their shareholders. This is fantastic news for TCS's shareholders and a clear indication of TCS's dedication to creating value for all stakeholders.

 

Talent Development and Innovation

The TCS Q4 results were not just about financial performance. They prioritize organic talent development and have been attracting a lot of fresh talent. During the quarter, they added 821 employees, bringing their total workforce strength to an impressive 614,795.

What's more, they onboarded over 44,000 freshers, along with their highest-ever number of experienced professionals. They also obtained over 53,000 cloud certifications during the year, bringing the total to over 1,10,000 employees certified on hyperscaler platforms, placing them among the top 2 partners for the largest cloud providers.

TCS's commitment to talent development and innovation is truly remarkable. They understand that their employees are their biggest asset and are investing in them to drive growth and success.

 

Room for Improvement

Despite TCS's impressive performance, they did fall slightly short of expectations in some areas of the TCS Q4 results. Their numbers went below Street estimates, leaving analysts disappointed. However, this does not detract from the incredible strides they have made in other areas.

TCS is a company that is constantly striving for improvement, and they will undoubtedly take these setbacks as opportunities for growth.

 

Celebrating Success

Evident with the TCS Q4 results, TCS has had an incredible year, with remarkable growth in revenue and profit, a strong order book, and a focus on organic talent development. They may have fallen short of expectations in some areas, but they are still making tremendous strides towards a bright and successful future.