Tata Consultancy Services Ltd (TCS) on Thursday reported a 4.5% rise in fourth-quarter profit, beating market expectations. The company's net profit in fourth quarter is Rs 6,904 crore.
Here are the key highlights of the Q4:
TCS' dollar revenue grew at 3.9%; Q4 incremental revenue at $185 million highest ever in a fourth quarter.
Digital revenue grew 42.8% year-on-year (YoY) to 23.8%, cross $4 billion up 35% Y-o-Y.
The total attrition rate of TCS is lowest in the industry at 11%.
The board approved bonus of one share for every share held, and a final dividend of Rs 29 per share.
Management says BFSI recovery expected by Q2 FY19.
Annual growth in dollar terms at 8.6% -- significant contribution from new deals signed this year.
Margins at 25.4% up 20 bps; retain aspiration margin target range of 26-28% for margins for FY19 driven by digital growth.