TCS today reported its Q4FY18 and full financial year results today. The company has posted best TCS Q4 results in 14 quarters. Some of the key announcements include:

Net profit: Rs. 6904 crore profit figure which is better than street estimates. Revenue of Rs. 32,075 crore has been reported higher by 3.8% on a quarter on quarter basis for the Q4FY18. EBIT has stood at Rs. 8417 crore. The EBIT margin is at 24.7%, the increase is due to currency standing.

Board has given a go ahead to a final dividend of Rs. 29 per share of TCS.

Digital revenue is at 23.8% up by 35% on a year-on-year basis and has crossed 35 billion dollar. Crossed 4 billion in revenue on a full-year basis.

$ 4972 million has been earned in dollar terms and is better than the highest estimate on street. The company earned such high revenue in dollar terms in FY 15 in the second quarter.

Constant currency growth for the company for the quarter ended March has 2% which is being attributed for the highest revenue in dollar terms.

Bonus for shareholders: In the ratio of 1:1 has been announced and approved by the TCS board.

Attrition: The rate of attrition has been reported at 11%. 4000 employees have been added in the last quarter. The company said that its attrition has ticked down by 10 basis point driven by organic growth of its employee base.

Client additions: The additions in client have been across sectors except in the utilities space. The company said it is all the more positive on BFSI in North America and the stress has bottomed out. Also, the company shown it optimism on all of the verticals including retail.

Stock performance: In a year-to-date basis, while the Nifty IT index yielded 12% returns, the stock outperformed with a return of around 17%.

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