TCS has announced Q4 FY21 results, for the period ending March 31, 2021:

• Revenues were $5,989m, up 10.0% y/y, up 5.9% in CC
• Operating income (EBIT) was $1,608m, a margin of 26.9%, up 1.8pts.

FY21 results:

• Revenues were $22,174m, down 0.7%, down 0.8% in CC
• EBIT was $5,741m, a margin of 25.9%,  down 1.3 pts.

Q4 FY21 revenue mix by geography (with NelsonHall estimates of revenue) and CC y/y growth was:

• North America 48.6% ($2,911m) +5.9%
• Latin America 1.6% ($96m), +1.5%
• U.K. 16.0% ($958m) +1.0%
• Continental Europe 16.8% ($1,006m) +11.7%
• India 5.6% ($335m) +11.2%
• APAC 9.4% ($563m) +1.5%
• Middle East/Africa 20% ($120m) +10.6%.

FY21 revenue mix by geography (with NelsonHall estimates of revenue) and CC growth was:

• North America 49.7% ($11,020m) -0.9%
• Latin America 1.6% ($355m), -1.2%
• U.K. 15.6% ($3,459m) -4.3%
• Continental Europe 16.3% ($3,614m) +5.5%
• India 5.1% ($1,131m) -5.9%
• APAC 9.6% ($2,129m) -0.5%
• Middle East/Africa 2.1% ($466m) -2.7%.

Q4 FY21 revenue mix by vertical (with NelsonHall estimates of revenue in US$) and CC y/y growth was:

• BFSI 32,2% ($1,926m) +13.3%
• Retail & CPG 14.5% ($868m) -0.9%
• Communication & Media 6.5% ($389m) -4.0%
• Manufacturing 9.6% ($575m) +1.3%
• Life Sciences & Healthcare 9.7% ($581m) +19.3%
• Technology & Services 8.4% ($503m) +3.9%
• Regional Markets & Others 19.1% ($1,144m) +0.8%.

FY21 revenue mix by vertical (with NelsonHall estimates of revenue in US$) and CC growth was:

• BFSI 31.8% ($7,0511m) +2.4%
• Retail & CPG 14.4% ($3,193m) -6.2%
• Communication & Media 6.6% ($1,463m) -5.9%
• Manufacturing 9.6% ($2,129m) +4.1%
• Life Sciences & Healthcare 9.8% ($2,173m) +17.1%
• Technology & Services 8.7% ($1,929m) +0.2%
• Regional Markets & Others 19.1% ($4,235m) -5.9%.

The number of clients generating annual revenue of (and at end Q4 FY20) was:

• $10m+, 387 (391)
• $20m+, 228 (240)
• $50m+, 101 (105)
• $100m+ 48 (49).

Headcount at end March 2021 was 448,649, a net increase during the quarter of 40,185.

LTM attrition, excluding BPO, was 7.2%.