EX-99.4 ACQ AGREEMNT 5 exv99w04.htm FACT SHEETS

Exhibit 99.4

Fact Sheet

 

 

 

 

Revenue Growth- Q3 24

 

  Reported CC
QoQ growth (%) -1.2% -1.0%
YoY growth (%) 0.1% -1.0%

 

Revenues by Business Segments

 

(in %)

  Quarter ended YoY Growth
  Dec 31, 2023 Sep 30, 2023 Dec 31, 2022 Reported CC
Financial services  27.8  27.5  29.3  (5.2)  (5.9)
Retail  14.6  15.2  14.3  2.0  0.4
Communication  11.4  11.4  12.3  (7.3)  (8.0)
Energy, Utilities, Resources & Services  13.2  12.7  13.0  1.8  0.3
Manufacturing  14.9  14.3  13.3  12.5  10.6
Hi-Tech  7.7  7.8  8.1  (5.0)  (5.1)
Life Sciences  7.6  7.8  7.0  8.2  6.3
Others  2.9  3.3  2.7  5.8  7.0
Total  100.0  100.0  100.0  0.1  (1.0)

 

Revenues by Client Geography

 

(in %)

  Quarter ended YoY Growth
  Dec 31, 2023 Sep 30, 2023 Dec 31, 2022 Reported CC
North America  59.0  61.1  62.0  (4.7)  (4.9)
Europe  28.2  26.5  25.8  9.2  5.0
Rest of the world  10.4  9.6  9.8  7.1  7.8
India  2.4  2.8  2.4  (1.9)  (1.0)
Total  100.0  100.0  100.0  0.1  (1.0)

 

Client Data

 

  Quarter ended
  Dec 31, 2023 Sep 30, 2023 Dec 31, 2022
Number of Clients      
Active  1,872  1,884  1,850
Added during the period (gross)  88  100  134
Number of Million dollar clients*      
1 Million dollar +  944  951  912
10 Million dollar +  308  312  294
50 Million dollar +  82  80  79
100 Million dollar +  40  39  38
Client contribution to revenues      
Top 5 clients 13.4% 13.3% 13.1%
Top 10 clients 20.0% 19.9% 20.5%
Top 25 clients 33.7% 34.1% 35.3%
Days Sales Outstanding* 72  67  68

 

*LTM (Last twelve months) Revenues

 

Effort & Utilization – Consolidated IT Services

 

(in %)

  Quarter ended
  Dec 31, 2023 Sep 30, 2023 Dec 31, 2022
Effort      
 Onsite  24.4  24.6  24.5
 Offshore  75.6  75.4  75.5
Utilization      
 Including trainees  81.7  80.4  77.1
 Excluding trainees  82.7  81.8  81.7

 

Employee Metrics

 

(Nos.)

  Quarter ended
  Dec 31, 2023 Sep 30, 2023 Dec 31, 2022
Total employees  322,663  328,764  346,845
S/W professionals  304,590  310,375  329,296
Sales & Support  18,073  18,389  17,549
Voluntary Attrition % (LTM - IT Services) 12.9% 14.6% 24.3%
% of Women Employees 39.3% 39.4% 39.4%

 

Cash Flow

In US $ million

  Quarter ended
  Dec 31, 2023 Sep 30, 2023 Dec 31, 2022
Free cash flow (1)  665  670  576
Consolidated cash and investments (2)  3,903  4,170  3,908

 

In crore

  Quarter ended
  Dec 31, 2023 Sep 30, 2023 Dec 31, 2022
Free cash flow (1)  5,548  5,536  4,741
Consolidated cash and investments (2)  32,476  34,635  32,330

 

(1)Free cash flow is defined as net cash provided by operating activities less capital expenditure as per the consolidated statement of cash flows prepared under IFRS (Non-IFRS measure)
(2)Consolidated cash and investments comprise of cash and cash equivalents, current and non-current investments excluding investments in equity and preference shares, unquoted compulsorily convertible debentures and others (Non-IFRS measure)

 

Consolidated statement of Comprehensive Income for three months ended,

(Extracted from IFRS Financial Statement)

In US $ million, except per equity share data

Particulars Dec 31, 2023 Dec 31, 2022 Growth %
YoY		 Sep 30, 2023 Growth %
QoQ
Revenues  4,663  4,659 0.1%  4,718 -1.2%
Cost of sales  3,274  3,230 1.4%  3,271 0.1%
Gross Profit  1,389  1,429 -2.8%  1,447 -4.0%
Operating Expenses:          
Selling and marketing expenses  204  196 4.1%  213 -4.2%
Administrative expenses  229  232 -1.3%  234 -2.1%
Total Operating Expenses  433  428 1.2%  447 -3.1%
Operating Profit  956  1,001 -4.5%  1,000 -4.4%
Operating Margin %  20.5  21.5 -1.0%  21.2 -0.7%
Other Income, net(1)  79  84 -6.0%  60 31.7%
Profit before income taxes  1,035  1,085 -4.6%  1,060 -2.4%
Income tax expense  301  285 5.6%  309 -2.6%
Net Profit (before minority interest)  734  800 -8.2%  751 -2.2%
Net Profit (after minority interest)  733  800 -8.3%  751 -2.3%
Basic EPS ($)  0.18  0.19 -7.1%  0.18 -2.3%
Diluted EPS ($)  0.18  0.19 -7.1%  0.18 -2.3%
Dividend Per Share ($)(2)  –  –  –  0.22  –

 

Consolidated statement of Comprehensive Income for nine months ended,

(Extracted from IFRS Financial Statement)

In US $ million, except per equity share data

Particulars Dec 31, 2023 Dec 31, 2022 Growth %
Revenues  13,997  13,657 2.5%
Cost of sales  9,755  9,544 2.2%
Gross Profit  4,242  4,113 3.1%
Operating Expenses:      
Selling and marketing expenses  633  574 10.3%
Administrative expenses  692  671 3.1%
Total Operating Expenses  1,325  1,245 6.4%
Operating Profit  2,917  2,868 1.7%
Operating Margin %  20.8  21.0 -0.2%
Other Income, net(1)  196  229 -14.4%
Profit before income taxes  3,113  3,097 0.5%
Income tax expense  904  859 5.2%
Net Profit (before minority interest)  2,209  2,238 -1.3%
Net Profit (after minority interest)  2,208  2,237 -1.3%
Basic EPS ($)  0.53  0.53 0.0%
Diluted EPS ($)  0.53  0.53 0.1%
Dividend Per Share ($)(2)  0.22  0.20 9.1%

 

(1)Other income is net of Finance Cost
(2)USD/INR exchange rate of 83.00 considered for Q3’24

 

Consolidated statement of Comprehensive Income for three months ended,

(Extracted from IFRS Financial Statement)

In crore, except per equity share data

Particulars Dec 31, 2023 Dec 31, 2022 Growth %
YoY		 Sep 30, 2023 Growth %
QoQ
Revenues  38,821  38,318 1.3%  38,994 -0.4%
Cost of sales  27,253  26,561 2.6%  27,031 0.8%
Gross Profit  11,568  11,757 -1.6%  11,963 -3.3%
Operating Expenses:          
Selling and marketing expenses  1,700  1,611 5.5%  1,754 -3.1%
Administrative expenses  1,907  1,904 0.2%  1,935 -1.4%
Total Operating Expenses  3,607  3,515 2.6%  3,689 -2.2%
Operating Profit  7,961  8,242 -3.4%  8,274 -3.8%
Operating Margin %  20.5  21.5 -1.0%  21.2 -0.7%
Other Income, net(1)  658  689 -4.5%  494 33.2%
Profit before income taxes  8,619  8,931 -3.5%  8,768 -1.7%
Income tax expense  2,506  2,345 6.9%  2,553 -1.8%
Net Profit (before minority interest)  6,113  6,586 -7.2%  6,215 -1.6%
Net Profit (after minority interest)  6,106  6,586 -7.3%  6,212 -1.7%
Basic EPS ()  14.76  15.72 -6.1%  15.01 -1.7%
Diluted EPS ()  14.74  15.70 -6.1%  14.99 -1.7%
Dividend Per Share ()  –  –  –  18.00  –

 

Consolidated statement of Comprehensive Income for nine months ended,

(Extracted from IFRS Financial Statement)

In crore, except per equity share data

Particulars Dec 31, 2023 Dec 31, 2022 Growth %
Revenues  115,748  109,326 5.9%
Cost of sales  80,666  76,342 5.7%
Gross Profit  35,082  32,984 6.4%
Operating Expenses:      
Selling and marketing expenses  5,238  4,591 14.1%
Administrative expenses  5,718  5,365 6.6%
Total Operating Expenses  10,956  9,956 10.0%
Operating Profit  24,126  23,028 4.8%
Operating Margin %  20.8  21.1 -0.3%
Other Income, net(1)  1,622  1,828 -11.3%
Profit before income taxes  25,748  24,856 3.6%
Income tax expense  7,474  6,882 8.6%
Net Profit (before minority interest)  18,274  17,974 1.7%
Net Profit (after minority interest)  18,264  17,967 1.7%
Basic EPS ()  44.13  42.85 3.0%
Diluted EPS ()  44.08  42.79 3.0%
Dividend Per Share ()  18.00  16.50 9.1%

 

(1)Other income is net of Finance Cost

As the quarter and nine months ended figures are taken from the source and rounded to the nearest digits, the quarter figures in this statement added up to the figures reported for the previous quarter might not always add up to the nine months ended figures reported in this statement.