TCS's FY'18 Q3 Earnings update

  • Revenue $4.8B, ~9% growth compared to last year, ~1% growth compared to last quarter
  • Net income $1.0B, ~21% net margin, Earnings per share $0.53
  • Continental Europe is growing much faster compared to other geographies, ~22% growth compared to last year
  • BFSI grew only by 0.2% Y-o-Y, other verticals had a good growth rate across the board
  • Digital revenue ~22%, up ~40% Y-o-Y
  • Cash & Investments ~$5.8B
  • Employee headcount stands at 391K

FYI - INFY will be reporting their numbers tomorrow