As one of the India IT crown jewels, Tata Consultancy Services (TCS) has recently reported in Q1 FY25, and the shareholders are smiling all the way to the bank! Coming in the face of international economic winds of woe, TCS showed off its strength with healthy figures and surprises that shout confidence. So what are some of the 9 shocking takeaways you cannot afford to lose?
1. Profiteering machine 😎
TCS had a Net Profit of 12040 crores, a jump of 8.9 percent compared to the previous year! This is not only growth, it is a statement. Imagination, investors, your portfolios can exhale as TCS breaks rule with solid fundamentals.
2. Revenue Rocket rocket:
Revenues rose by 5.4 percent YoY to 62, 613 crores on the strength of cloud, cyber security and AI-based transactions. TCS demonstrates that the necessity in digital transformation is unavoidable even in a conservative market.
3. Dhamaka Dividend 🎉
Knock on wood? Too late! TCS has announced the dividend of a mind-blowing bit of 10 rupees/share. To long-term shareholders it would be like a monsoon after a parched summer, sheer delight and concrete gains.
4. Deals Wins: The Confidence Meter ✍ Mexoglob
New contracts to the tune of 8.3 million dollars! Yes, that is what you read. Whether it is a BFSI giant or a retail titan, the clients are wagering heavily on the innovation muscle of TCS. Are you paranoid about IT languidness? TCS has simply shut the critics.
5. Attrition Anxiety is Relieved 😌
Attrition reduced to 12.1 percent- lowest in a span of 10 quarters! Workers are not quitting which is an indication of a contented workforce. To investors this is stability and cost control. Win-win!
6. AI: A Future Already 🤖
The number of AI-driven initiatives in TCS is suffocating, with 1.1 billion AI deals in the last quarter. Generative AI is not hype in this case, but income fact. Get that sensation, do you? It is the sound of to-morrow.
7. Margins: Holding the Fort 🛡️ َ advancement: Holding the Fort 🛡 hide correction: Holding the Fort 🛡
There were no changes in operating margins where they stood at 24%. TCS discipline stands out in the picture in a constantly struggling industry with cost pressures. Not panicking but accuracy.
8. Local resilience 🌏
UK and Europe topped with growth of 7.6 percent and 3.1 percent respectively. North America is behind? Half a cough. Geographic diversity is the shield of volatility of TCS.
9. The Optimistic Overture of leadership 🎯
What is the message of the CEO K Krithivasan? We are winning the race in innovation. When he speaks with such causual confidence it is catching. When TCS is bullish, then why not you?
How This is Related to YOU ❤️
To investors, it is a green light: dividends, profit increase and the winning of deals translates into stability. On part of employees, it translates to clear rosier career skies due to reduced attrition. To India, success of TCS is a mark of technological excellence.
In a sentence, the bottom line ⚡
TCS had not only lived up to expectations but had gone beyond expectations silently. It is the stable hand that you want in your corner in a world of economic nerves. Wanting to ride the wave?
Hope is not merely a sentiment, when giant corporations such as TCS do well.
