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TCS crosses $10 b on strong growth momentum in 2011-12; Annual Revenues up 24% at $10.17 b

MUMBAI, India April 23, 2012

Annual Highlights for 2011-12

Highlights for 4th Quarter 2011-12

  • Infrastructure Services, Enterprise Solutions, BPO units cross $1 billion in revenues
  • $100m+ clients rise to 14 (8 in FY11)
  • All time high Gross addition: 70,400 employees
  • All time high Net addition: 39,969 employees
  • Total employee strength: 238,583
  • Q4 Revenues at $ 2.64 billion up 2.4%
  • Net Income at $585 m up 3.0%
  • Gross addition: 19,156 professionals
  • Net addition: 11,832 employees
  • Attrition rate: 12.2 % LTM
  • Utilization Rate (excl trainees): 80.6 %
  • Utilization Rate (incl trainees): 71.3 %

March 31, 2012

ten billion dollar $ 10.17 billion

N Chandrasekaran, CEO and MD said: He added: "

Mr. N Chandrasekaran said: "

S Mahalingam, Chief Financial Officer and Executive Director, said He added:

There was secular growth across markets and industries during the financial year.  All industry verticals grew in double digits during FY12. 

$ 1 billion

Key Wins in Q4

  • Selected by a leading US Insurer as a strategic partner in a multi-year program that aims to help it re-architect its policy and customer management application portfolio and drive greater agility in product development, integrated marketing, and customer experience management
  • Partnered with one of the largest European telecom companies to restructure their application and infrastructure management services and help transition from legacy service vendors, re-architect the solution delivery processes and transform to an end-to-end managed services model
  • Selected by a leading international automotive retailer to support, develop and globally rollout  their dealer & retail management program
  • Awarded a multi-million dollar managed services contract by a leading, global smart devices manufacturing company to provide Application Maintenance and Support Services for their core business processes in Supply Chain, Order Management, Sales and Finance Functions
  • USA
  • Latin America

31 March 2012

Ajoy Mukherjee


The average age of a TCS employee is 28 yrs and 62.4% of the workforce has more than 3 yrs experience while 31.6% of the workforce comprised of women.

India India

France Hyderabad

India $ 10.17 billion 31 March, 2012 India

SOURCE Tata Consultancy Services

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