TCS reports Q4FY21 consolidated PAT of Rs. 9246 crore

TATA CONSULTANCY SERVICES LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.44636 crores during the period ended March 31, 2021 as compared to Rs.42706 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.9246 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.8701 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.24.97 for the period ended March 31, 2021 as compared to Rs.23.19 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 44636 crs	₹ 42706 crs	4.52%
Net Profit	₹ 9246 crs	₹ 8701 crs	6.26%
EPS	₹ 24.97	₹ 23.19	7.68%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.44636 crores during the period ended March 31, 2021 as compared to Rs.40684 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.9246 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.8049 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.24.97 for the period ended March 31, 2021 as compared to Rs.21.45 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 44636 crs	₹ 40684 crs	9.71%
Net Profit	₹ 9246 crs	₹ 8049 crs	14.87%
EPS	₹ 24.97	₹ 21.45	16.41%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.167311 crores during the 12 months period ended March 31, 2021 as compared to Rs.161541 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.32430 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.32340 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.86.71 for the 12 months period ended March 31, 2021 as compared to Rs.86.19 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 167311 crs	₹ 161541 crs	3.57%
Net Profit	₹ 32430 crs	₹ 32340 crs	0.28%
EPS	₹ 86.71	₹86.19	0.6%

Rajesh Gopinathan, Chief Executive Officer and Managing Director, said: "Our investments over the last decade in building newer capabilities, and in research and innovation, position us well for the multi-year technology services opportunity ahead. While we continue to dominate in our traditional areas of strength, we are making good progress in gaining share in the growth and transformation opportunity. Our focus going into FY 22 will be to engage with clients in their growth agenda, propelled by innovation and leverage of collective knowledge."

N Ganapathy Subramaniam, Chief Operating Officer & Executive Director, said: "I am pleased to note that in FY 21, leading organizations partnered with TCS in their growth and transformation journeys. Many of them benefited from our refreshingly different consultative approach to shaping, contracting, executing, and measuring the success of transformation programs, always holding ourselves accountable for the results."

He added: "It is gratifying to bring down the curtains on FY21 with a solid performance on revenue, margins and deal momentum, all of which was possible due to the client-centric and `can do' attitude of our associates rising to the occasion, keeping safe and healthy, professionally executing on SBWSâ„¢ and learning all the new products, toolkits and ways of working."

V Ramakrishnan, Chief Financial Officer, said: "I am very pleased with our performance in Q4. This caps three quarters of consistently robust performance in a pandemic year, and gives us a strong exit from FY 21. Our Q4 margins are a validation of our strong belief that it is possible to win mega-deals, post industry-leading growth, continue to invest in our people and in newer capabilities, and still deliver industry-leading profitability. All the investments that we have been making over the years position us strongly to expand our footprint in the large growth and transformation opportunity."

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.3241.45 as compared to the previous close of Rs. 3322.2. The total number of shares traded during the day was 149202 in over 10714 trades.

The stock hit an intraday high of Rs. 3343.9 and intraday low of 3217.75. The net turnover during the day was Rs. 488565310.

Source : Equity Bulls

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