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    Key takeaways of TCS Q4 result

    earnings | IST

    Key takeaways of TCS Q4 result

    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.
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