TCS Q3 net up 11% at Rs 6,778 cr, beats Street on strong digital revenue

Revenue grew 8.7% to Rs 29,735 cr on strong execution and 30% jump in revenue from digital services

"Alongside a good growth performance, we have been able to keep profitability stable in our desired range and deliver over USD 1 billion in free cash flow during the quarter," TCS Chief Financial Officer Rajesh Gopinathan said.

The company declared a dividend of Rs 6.5 per share and its earnings per share (EPS) stood at Rs 34.40. 

TCS said employee addition during the quarter stood at 18,362 (gross) and 6,978 (net), taking the overall count to 3,78,497 people.

The total attrition rate fell to 11.3% in IT services; it was at 12.2% including BPS. The percentage of