FY 25 Revenue Reaches ₹255,324 Crore with 6.0% YoY Growth
Tata Consultancy Services has reported its consolidated financial results for the quarter and full year ending March 31, 2025, according to Ind AS and IFRS standards. TCS has achieved a significant milestone, crossing $30 billion in annual revenues, with a strong order book reinforcing confidence in its long-term resilience.
Annual Highlights for FY 2024-25:
- Revenue: ₹255,324 crore, +6.0% YoY, +4.2% in constant currency (CC)
- Growth Drivers: Strong double-digit growth in Regional Markets (+37.2% YoY), Energy, Resources and Utilities (+5.1%), and Manufacturing (+2.9%)
- Service Lines: IoT/DE, Enterprise Solutions, and AI.Cloud led the growth, with increasing traction in AI adoption
- Margins: Operating Margin at 24.3%, Net Margin at 19.0%
- Total Contract Value (TCV): $39.4 billion for FY25, $12.2 billion for Q4
- Client Metrics: 64 clients in the $100 Mn+ band (+2 YoY)
- Employee Metrics: Headcount of 607,979, representing 152 nationalities and 35.2% women, with IT Services Attrition (LTM) at 13.3%
- Talent Development: 56 million learning hours and 5.2 million competencies acquired
- Free Cash Flow: ₹46,449 crore, with a shareholder payout of ₹44,962 crore in dividends
“Our expertise in AI and Digital Innovation, coupled with the unmatched knowledge of customer context and global scale, makes us the pillar of support for our customers,” said K Krithivasan, Chief Executive Officer and Managing Director, TCS.
Quarterly Highlights for Q4 FY 2025:
- Revenue: ₹64,479 crore, +5.3% YoY (CC: 2.5%)
- Growth Drivers: Regional Markets (+22.5%), ERU (+4.6%), and BFSI (+2.5%) YoY
- Margins: Operating Margin at 24.2%, Net Margin at 19.0%
- Cash Conversion: Operating Cash Flow at 125.1% of Net Income
- Record Q4 TCV: $12.2 billion, with a book-to-bill ratio of 1.6
- Final Dividend (proposed): ₹30 per share, to be approved at the Annual General Meeting
K Krithivasan, Chief Executive Officer and Managing Director, TCS, expressed pride in the company’s achievements, stating, “We are pleased to cross the $30 Billion in annual revenues and achieve a strong order book for the second consecutive quarter. Our expertise in AI and Digital Innovation, coupled with the unmatched knowledge of customer context and global scale, makes us the pillar of support for our customers in this environment of macroeconomic uncertainty. We remain committed to staying close to our customers and helping them achieve their core priorities.”
Samir Seksaria, Chief Financial Officer, TCS, highlighted the company’s disciplined execution and operational rigor, saying, “In FY25, our disciplined execution and operational rigor stood out again, as we defended our industry-leading margins while continuing with our investments in talent and capability building. We delivered robust profitability and cash flows this quarter in a very challenging environment without compromising on the right investments in our people, innovation, and infrastructure for long-term value creation.”
Milind Lakkad, Chief HR Officer, TCS, noted the company’s achievements in talent development and retention, stating, “Our trainee onboarding in FY25 was 42,000 as planned. We won the Enterprise-Wide Top Employer Certification from the Top Employers Institute. This milestone builds on TCS’s achievements as a Global Top Employer for 2025, marking an unbroken record of receiving this distinction over a decade. We continue to enjoy the pride of place as the employer of choice, and the industry-best retention rate by prioritizing a culture of professional and personal growth, wellbeing, and purpose-driven engagement for our associates.”
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