EX-99.4 ACQ AGREEMNT 5 exv99w04.htm FACT SHEET

Exhibit 99.4

Fact Sheet

 

 

 

Revenue Growth - Q1 25

  Reported CC
QoQ growth (%) 3.3% 3.6%
YoY growth (%) 2.1% 2.5%

 

Revenues by Business Segments

(in %)

  Quarter ended YoY Growth
  Jun 30, 2024 Mar 31, 2024 Jun 30, 2023 Reported CC
Financial services  27.5  26.4  28.1  (0.1)  0.3
Retail  13.8  14.3  14.5  (3.0)  (3.0)
Communication  12.1  12.3  11.7  5.2  5.4
Energy, Utilities, Resources & Services  13.3  13.4  12.9  5.2  6.3
Manufacturing  14.7  14.7  14.1  6.4  6.0
Hi-Tech  8.0  8.7  8.1  1.5  2.1
Life Sciences  7.3  7.3  7.2  2.7  2.9
Others  3.3  2.9  3.4  1.7  4.5
Total  100.0  100.0  100.0  2.1  2.5

 

Revenues by Client Geography

(in %)

  Quarter ended YoY Growth
  Jun 30, 2024 Mar 31, 2024 Jun 30, 2023 Reported CC
North America  58.9  59.6  60.8  (1.2)  (1.2)
Europe  28.4  28.6  26.8  8.6  9.1
Rest of the world  9.6  9.6  9.7  0.6  2.3
India  3.1  2.2  2.7  18.4  19.9
Total  100.0  100.0  100.0  2.1  2.5

 

Client Data

  Quarter ended
  Jun 30, 2024 Mar 31, 2024 Jun 30, 2023
Number of Clients      
Active  1,867  1,882  1,883
Added during the period (gross)  87  98  99
Number of Million dollar clients*      
1 Million dollar +  987  959  940
10 Million dollar +  309  315  312
50 Million dollar +  84  83  79
100 Million dollar +  40  40  38
Client contribution to revenues      
Top 5 clients 13.5% 13.6% 13.4%
Top 10 clients 20.9% 20.4% 20.4%
Top 25 clients 34.9% 34.3% 34.6%
Days Sales Outstanding* 72  71  63

*LTM (Last twelve months) Revenues

 

Effort & Utilization – Consolidated IT Services

(in %)

  Quarter ended
  Jun 30, 2024 Mar 31, 2024 Jun 30, 2023
Effort      
 Onsite  23.9  24.2  24.7
 Offshore  76.1  75.8  75.3
Utilization      
 Including trainees  83.9  82.0  78.9
 Excluding trainees  85.3  83.5  81.1

 

Employee Metrics

(Nos.)

  Quarter ended
  Jun 30, 2024 Mar 31, 2024 Jun 30, 2023
Total employees  315,332  317,240  336,294
S/W professionals  298,123  299,814  317,611
Sales & Support  17,209  17,426  18,683
Voluntary Attrition % (LTM - IT Services) 12.7% 12.6% 17.3%
% of Women Employees 39.2% 39.3% 39.5%

 

Cash Flow

In US $ million

  Quarter ended
  Jun 30, 2024 Mar 31, 2024 Jun 30, 2023
Free cash flow (1)  1,094  848  699
Consolidated cash and investments (2)(3)  4,311  4,676  3,593

 

In rupee symbol crore

  Quarter ended
  Jun 30, 2024 Mar 31, 2024 Jun 30, 2023
Free cash flow (1)  9,155  7,032  5,749
Consolidated cash and investments (2)(3)  35,943  39,005  29,469

(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 and others (Non-IFRS measure)

(3)As on June 30, 2024 cash balances excludes earmarked bank balance for dividend $1,394 Mn (rupee symbol11,625 crore), payment date for the dividend was July 1, 2024. As on June 30, 2023 cash balances excludes earmarked bank balance for dividend $885 Mn (rupee symbol7,262 crore), payment date for the dividend was July 3, 2023.

 

Consolidated statement of Comprehensive Income for three months ended,

(Extracted from IFRS Financial Statement)

In US $ million, except per equity share data

Particulars Jun 30, 2024 Jun 30, 2023 Growth %
YoY
Mar 31, 2024 Growth %
QoQ
Revenues  4,714  4,617 2.1%  4,564 3.3%
Cost of sales  3,259  3,211 1.5%  3,219 1.2%
Gross Profit  1,455  1,406 3.5%  1,345 8.2%
Operating Expenses:          
 Selling and marketing expenses  232  217 6.9%  209 11.0%
 Administrative expenses  229  228 0.4%  219 4.6%
Total Operating Expenses  461  445 3.6%  428 7.7%
Operating Profit  994  961 3.4%  917 8.4%
Operating Margin %  21.1  20.8 0.3%  20.1 1.0%
Other Income, net(1)(2)  88  57 54.4%  315 -72.1%
Profit before income taxes  1,082  1,018 6.3%  1,232 -12.2%
Income tax expense(2)  318  294 8.2%  273 16.5%
Net Profit (before minority interest)  764  724 5.6%  959 -20.3%
Net Profit (after minority interest)  763  724 5.5%  958 -20.4%
Basic EPS ($)(2)  0.18  0.17 5.4%  0.23 -20.4%
Diluted EPS ($)(2)  0.18  0.17 5.3%  0.23 -20.4%
Dividend Per Share ($)(2)(3)(4)        0.24  

 

Consolidated statement of Comprehensive Income for three months ended,

(Extracted from IFRS Financial Statement)

In rupee symbol crore, except per equity share data

Particulars Jun 30, 2024 Jun 30, 2023 Growth %
YoY
Mar 31, 2024 Growth %
QoQ
Revenues  39,315  37,933 3.6%  37,923 3.7%
Cost of sales  27,177  26,382 3.0%  26,748 1.6%
Gross Profit  12,138  11,551 5.1%  11,175 8.6%
Operating Expenses:          
Selling and marketing expenses  1,937  1,783 8.6%  1,735 11.6%
Administrative expenses  1,913  1,877 1.9%  1,819 5.2%
Total Operating Expenses  3,850  3,660 5.2%  3,554 8.3%
Operating Profit  8,288  7,891 5.0%  7,621 8.8%
Operating Margin %  21.1  20.8 0.3%  20.1 1.0%
Other Income, net(1)(2)  733  471 55.6%  2,619 -72.0%
Profit before income taxes  9,021  8,362 7.9%  10,240 -11.9%
Income tax expense(2)  2,647  2,417 9.5%  2,265 16.9%
Net Profit (before minority interest)  6,374  5,945 7.2%  7,975 -20.1%
Net Profit (after minority interest)  6,368  5,945 7.1%  7,969 -20.1%
Basic EPS (rupee symbol)(2)  15.38  14.37 7.0%  19.25 -20.1%
Diluted EPS (rupee symbol)(2)  15.35  14.35 7.0%  19.22 -20.1%
Dividend Per Share (rupee symbol)(3)        20.00  

(1)Other income is net of Finance Cost

(2)Includes interest income (pre-tax) of $232 Mn (rupee symbol1,933 crores) and reversal of net tax provisions amounting to $5 Mn (rupee symbol38 crores) on account of orders received under sections 250 & 254 of the Income Tax Act, 1961, from the Income Tax Authorities in India for certain assessment years. This has resulted in a positive impact on the consolidated Basic and Diluted EPS by approximately $0.06 (rupee symbol4.76) for the quarter ended March 31, 2024

(3)Dividend excludes special Dividend of $0.10 (rupee symbol8.00) per share for the quarter ended March 31, 2024

(4)USD/INR exchange rate of 83.41 considered for Q4’24