TCS - Key Highlights of Q4 and FY2019-20 results

Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading global IT services, consulting and business solutions organization, reported its consolidated financial results according to Ind AS and IFRS, for the quarter and financial year ending March 31, 2020.

Q4 FY 2020 Highlights

- Revenue of Rs. 39,946 Cr, +5.1% YoY (+3% in CC)
- Operating Margin: 25.1%
- Net Income: Rs, 8,049 Cr; Net Margin: 20.2%
- Cash conversion: Operating Cash Flow 109.4% of Net Income
- Net Addition: 1,789 employees
- Final Dividend per share (proposed): Rs. 6

Annual Highlights for 2019-20

- Operating Margin: 24.6%
- Net Income: Rs. 32,340 Cr; Net Margin: 20.6%
- Robust Client Additions:
$100M+ band: 49 (+5 YoY)
$50M+ band: 105 (+6 YoY)
$20M+ band: 240 {+25 YoY)

- Employee Metrics:
Net addition: 24,179 employees
Employee headcount: 448,464
LTM IT Services Attrition: 12.1%

Free Cash Flow: Rs. 32,303 Cr
Over Rs. 37,702 Cr of cash returned to shareholders in dividends

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.1715.6 as compared to the previous close of Rs. 1734.45. The total number of shares traded during the day was 240124 in over 19335 trades.

The stock hit an intraday high of Rs. 1762.9 and intraday low of 1677.6. The net turnover during the day was Rs. 413016716.

Source : Equity Bulls

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