1 In 6 People Got Promotion In Fy25: Tcs Cfo; Says This On Wage Hike Review

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Tata Consultancy Services (TCS) Ltd CFO Samir Seksaria, successful an exclusive question and reply pinch Business Today on Friday, said each awesome markets of nan country's largest IT exporter posted affirmative growth. "The company's separator slipped by 30 ground points successful nan 4th fourth (Q4 FY25) owed to important investments successful merit-based interventions (promotions), which were effective January 1, 2025, taking nan full number of promotions to astir 1,10,000 successful Q4. So, 1 successful six group sewage a promotion successful nan past financial twelvemonth (2024-25). Then, we made investments successful non-employer expenses connected capacity building etc," he stated.

"In nan location market, BFSI, power resources and utilities proceed to execute better. FY25 is still amended than FY24 successful position of changeless rate (cc). Going forward, we expect existent uncertainty to resoluteness sooner alternatively than later and erstwhile that happens, we should spot FY26 amended than FY25, astatine slightest successful nan awesome markets," Seksaria besides said.

Commenting connected nan BSNL deal, he said, "We person delivered a important information of it. 1,00,000 sites were to beryllium delivered, retired of which 90,000 person been commissioned and 80,000 are live. We will beryllium completing nan equilibrium successful nan owed course. We'll person opportunities successful position of further sites which mightiness travel up from BSNL itself. We tin return nan solution to different customers and enterprises successful India. Also, we tin return it globally. So, we person demonstrated our capabilities and that was nan cardinal logic for taking nan sale. Based connected these capabilities, we should beryllium capable to participate further."

On costs hikes, Seksaria said, "We are not saying that we are not going to springiness costs hikes this year. It has been put connected clasp fixed nan uncertainty. Once we get amended certainty connected nan macros, we will reconsider that decision." The TCS CFO besides mentioned that nan field hiring numbers stay unchanged.

TCS has decided to defer worker net hikes for this twelvemonth which were earlier expected to commencement successful April, citing nan increasing macroeconomic uncertainty intensified by nan ongoing tariff warfare betwixt nan US and different countries.

The IT awesome reported a 1.68 per cent year-on-year (YoY) driblet successful nett profit astatine Rs 12,224 crore for nan March 4th compared pinch Rs 12,434 crore successful nan aforesaid 4th past year. TCS said its consolidated income for nan 4th roseate 5.29 per cent YoY to Rs 64,479 crore from Rs 61,237 crore successful nan aforesaid 4th past year.

The institution won orders worthy $12.20 cardinal successful nan March quarter, pinch a book-to-bill ratio of 1.6 times. The IT patient besides announced a last dividend of Rs 30 per share.

Disclaimer: Business Today provides banal marketplace news for informational purposes only and should not beryllium construed arsenic finance advice. Readers are encouraged to consult pinch a qualified financial advisor earlier making immoderate finance decisions.

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