TCS posts strong Q4 results helped by $9.2-bn order book; revenue rises 4%

India’s top technology services firm Tata Consultancy Services on Monday reported 6.26 per cent sequential growth in net profit at Rs 9,246 crore in its fourth quarter results, for the quarter ended March 31, 2021, helped by record bookings.

Revenue rose 4 per cent sequentially to Rs 43,705 crore.

Operating margin in Q4FY21 came in at 26.8 per cent, compared to 26.6 per cent in the previous quarter, an improvement of 20 basis points.

The order book in the fourth quarter was $9.2 billion, the highest ever total contract value in a quarter.

“Our investments over the last decade in building newer capabilities, and in research and innovation, position us well for the multi-year technology services opportunity ahead.