IT services major Tata Consultancy Services (TCS) today said its revenue rose 15 percent to $15.5 billion, while net income grew 12.8 percent to $3.5 billion in FY 2014-15.
TCS said its revenue in Q4 FY 2014-15 increased 0.8 percent quarter on quarter to $3.9 billion, while net income rose 8.9 percent to $951 million.
Europe led growth in major markets, while UK and North America continue to grow in line with the company average. All major industry verticals grew in double digits led by Retail, Manufacturing, Life Sciences & Healthcare and BFSI during FY15.
TCS added 1,031 employees in Q4, while net additions in FY 2015 were 19,192. Q4 attrition was 14.9 percent.
TCS Chief Executive Officer N Chandrasekaran said: “We have laid a strong foundation for growth in FY16. Our investments in Platforms, Digital and Automation are gaining traction with clients and together with our market investments in USA, Europe and Japan, we are upbeat that the coming quarters will bring more opportunities to partner with customers across multiple industries.”