Under the International Financial Reporting Standards (IFRS), net income for Q4 grew 7.9 per cent annually to $1,070 million from $992 million in the like period year ago and 5.7 per cent sequentially from $1,012 million quarter ago.
The IT major reported 5.71 per cent quarter-on-quarter and 4.48 per cent year-on-year rise in consolidated net profit at Rs 6,904 crore ($1.05 billion) for the January-March quarter, beating analysts' average estimate of Rs 6,798 crore.
Revenue for the quarter ended December 2017 was Rs 30,904 crore.
"Our EBIT margin estimate for Q4 stands at 25.5 per cent (+30bp QoQ), led by currency benefits". It announced a 1:1 bonus of shares and a dividend of Rs 29 a share, taking the total payout to shareholders at Rs 50 for the year. The company had reported a net profit of Rs 6,531 crore in the sequential quarter ended December 31, 2017 and Rs 6,608 crore in the corresponding quarter a year ago.
"Strong demand in digital services across all industry verticals and large transformational deal wins have made this one of our best fourth quarters in recent years".
TCS shares gained 1 per cent at Rs 3,190.65 on the BSE ahead of the results announcement. Revenue rose to almost $5 billion, a 2% growth sequentially in constant currency (which discounts the impact of cross currency fluctuations) and 11.7% year-on-year growth in reported currency.
Jaguars Unveil New Uniforms With Focus on Tradition And Teal
On Thursday, the Jaguars announced that they will be the first National Football League team with a dog park at home games. The Jacksonville Jaguars are all about innovation and one of their newest additions to TIAA Field will further prove that.
Asperger Killed Disabled Kids For The Nazis
But, he added, there is no evidence to suggest that Asperger's research was tainted by his horrifying role in the Third Reich. A specimen of the toddler's brain was found in the basement of the clinic in the late 1990s and was buried in 2002.
Digital revenue grew 43 per cent in Q4, contributing 24 per cent to the revenue and 35 per cent YoY for the fiscal, accounting for 21 per cent of the revenue.
V Ramakrishnan, Chief Financial Officer, said: "disciplined execution delivered an all-time high cash conversion in Q4".
Gopinathan said TCS' early investments in digital technologies such as cloud, analytics and big data were paying off as the company remained well-positioned to transform clients' businesses. Growth was led by the energy and utilities vertical (up 33.7 per cent), travel and hospitality (25.4 per cent) and life sciences and healthcare (12.6 per cent). "The mUltiple mega-deals that we won this year are evidence that TCS is their preferred partner in such strategically important initiatives", he added. TCS Board approved 1:1 bonus issue.
Significantly, TCS added $1.51 billion in incremental revenue in 2017-18, about twice the $731 million in new business done by Infosys Ltd, the country's second largest IT outsourcing firm.
At the end of March 2018, TCS had 3,94,998 employees, and an attrition rate of 11 percent in IT services. The year as a whole was lacklustre, with constant currency growth at just 6.3%, its second successive year of single digit growth and the slowest in almost seven years.
Zablocki added complex collision reconstruction investigations take time and are measured in weeks and months rather than days. More than 5,500 photos have been taken and analyzed, and 3D technology and drones have been used at the scene.
Embiid cleared the NBA's concussion protocol on Sunday after suffering a fractured orbital bone during an injury in March. Embiid averaged 22.9 points and 11 rebounds in 63 games this season. "We liked what we saw at shootaround today".
Rutgers is essentially replaced by Purdue , Michigan State replaces Wisconsin and Maryland is an additional home and away matchup. Each men's team has seven home-and-home matchups along with three home-only games and three road-only matchups.
Lead lawyer John Dowd resigned in late March after growing exasperated over the President refusing to heed his advice. Sekulow added that he has worked with Giuliani for many years and the team welcomes his expertise.
The full breakdown is 22 mpg (10.7 L/100 kilometres) in the city and 25 mpg (9.4 L/100 kilomeres) combined city/highway. The F-150's oil burner delivers 250 horsepower and 440 pound-feet of torque, good for a tow rating of 11,400 pounds.
The US ambassador to the OPCW, Ken Ward, had claimed Monday that the site and "may have tampered with it". Yuri Yevtushenko said "a Syrian security employee received light wounds during the crossfire".
With two top-five selections, Cleveland is in a special position to add true difference makers; running backs simply are not . The Browns are expected to use the first pick on a quarterback, most likely Josh Allen of Wyoming or Sam Darnold of USC.
Your criticism is a gold mine to me. "I believe this is the evil of not just the individual but also of the society", he said. A journalist working for India Today Group challenged the protesters in question for disrespecting the Indian national flag.
Authorities state that two people have perished while in the wreck of a light air plane in Northern Ireland . The Air Accident Investigation Branch said it is sending a team to investigate the incident.
But the British delegation to the OPCW said Russian Federation and Syria had not yet allowed inspectors access to Douma. Russia's military said it uncovered a chemical weapons stockpile left behind by rebels in Douma on Tuesday.
According to the United Nations report , a security team travelled to two sites on Tuesday escorted by Russian military police. They say civilians should not be forced out of their homes in war. "It was a message from the people", said the official.
Bridenstine Confirmed as NASA Chief
Brian Schatz (D., Hawaii) said. " NASA needs a strong leader, and it will have that strong leader in Jim Bridenstine", he said. Gary Peters said Bridenstine's nomination reflects a deeper problem with the Trump administration: a disrespect of science .
Kathua rape case: Students clash with security forces in Kashmir
Soon after, clashes broke out in other parts of the town, including at Gol Chowk, New Bus Stand, Court Road, Bongam, and Bonbazar. The campaign for justice for the victim is gaining momentum every passing day with people adopting novel methods of protest.
European Union hints at new measures on Syria
Syrian flags flew in Douma on Monday, security forces stood on street corners and Russian military police patrolled the streets. The US ambassador to the OPCW , Ken Ward, had claimed Monday that the site "may have been tampered with".
This Robot Can Build An Ikea Chair Without Any Human Help
They are also looking to introduce the artificial intelligence into the automotive and aircraft manufacturing industries. Finally, the arms worked together to find out where the holes in each wooden pin were and pressed the parts together.
Facebook Attempts to Limit Reach of EU Privacy Law
But it is hard to tally that approach with the weasel words it continue to use about protecting its users' privacy. In Facebook's defense, it isn't the only networking app moving users out of European jurisdiction and into the U.S.