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TCS’ revenues cross Rs 100,000 crore

TCS continues to maintain its record of high growth and profit. Revenues for 2015-16 were at Rs 108,646 crore marking a year-on-year growth of 14.8 per cent on current rupee terms and net profit was Rs 24,215 crore with a net margin of 22.3 per cent.

The company reported steady growth across all key industry segments. Through the year TCS added 90,182 associates with the net addition of 34,187. Total head count at the end of 31 March 2016 stood at 353,843.

Banking, financial services and insurance business accounted for 40.6 per cent of revenues followed by retail and distribution (14.1 per cent) and manufacturing (10 per cent).

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