FY21: Top line increased 11.7% YoY led by strong performance
across every business unit, geography and center of excellence.
The average annual revenue per customer increased to US$634,000
from US$615,000 and the count of billion dollar corporations as
customers increased to 46 from 37 in the previous year.
FY21: EBITDA margins expanded by 1,120 basis points led by revenue
growth, improved utilization, realization and lower attrition of Happiest
Minds. Lower overheads on the growing scale and pandemic related
savings i.e. reduced rentals due to work-from-home, reduced travel and
visa cost and other administrative cost also contributed to improved
FY21: PAT increased by 126% for the year. The Effective Tax Rate
(ETR) is at 12.7%.
FY21: Strong and consistent Free Cash Flow generation at close to
100% of EBITDA