Conference Call with Tata Consultancy Services (TCS) Management and Analysts on Q3FY21 Performance and Outlook. Listen to the full earnings transcript. On the call: Rajesh Gopinathan, MD, V Ramakrishnan, CFO, Milind Lakkad, HR Officer.
Conference Call with Tata Consultancy Services (TCS) Management and Analysts on Q3FY21 Performance and Outlook. Listen to the full earnings transcript. On the call: Rajesh Gopinathan, MD, V Ramakrishnan, CFO, Milind Lakkad, HR Officer.
Conference Call with TCS Management and Analysts on Q2FY21 Performance and Outlook. Listen to the full earnings transcript.
Conference Call with Management and Analysts on Q1FY21 Earnings Performance and Outlook. Listen to the full earnings call.
Earnings Call for TCS - Management and Analysts discuss earnings performance for Q4FY20 and full year. Listen in to the full transcript here.
Key Highlights
- Q4 Revenues grew 3% YoY on constant currency basis. INR revenues saw 5.1% growth YoY for Q4. See the full financials for Q4
- Full year revenues grew 7.1% in constant currency and 7.2% in INR.
- In the worst case scenario from covid, TCS says, "we should be able to grow from Q3 FY21."
- All verticals are affected, all consumers are affected by coronavirus shutdowns and quarantines, says TCS. That said, there are opportunities emerging in the shift to digital and ecommerce enabling solutions. But there is reduced spending and caution overall.
- The long-term profitability goal remains unchanged at 26-28%. Operating margins in the fourth quarter stood at 25.1%, more or less unchanged QoQ.
