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Tata Consultancy Services
 | |
 | |
| Company type | Public |
|---|---|
| |
| ISIN | INE467B01029 |
| Industry | Information technology Consulting Outsourcing |
| Founded | 1968 |
| Founder | J. R. D. Tata |
| Headquarters | Mumbai, Maharashtra, India |
Area served | Worldwide |
Key people | Natarajan Chandrasekaran (Chairman) K. Krithivasan (MD & CEO) |
| Revenue |  ₹248,315 crore (US$29 billion) (2024) |
| ₹61,997 crore (US$7.3 billion) (2024) | |
| ₹46,099 crore (US$5.4 billion) (2024) | |
| Total assets | ₹146,449 crore (US$17 billion) (2024) |
| Total equity | ₹91,319 crore (US$11 billion) (2024) |
Number of employees | 612,724[1] (September 2024) |
| Parent | Tata Group |
| Subsidiaries | |
| Website | www |
| Footnotes / references Financials as of 31 March 2024[update].[2][3] | |
Tata Consultancy Services (TCS) is an Indian multinational technology company specializing in information technology services and consulting. Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 locations across 46 countries.[4] It is the second-largest Indian company by market capitalization.
As of 2024, TCS is ranked seventh on the Fortune India 500 list.[5] In September 2021, TCS recorded a market capitalization of US$200 billion, making it the first Indian IT company to achieve this valuation.[6][7][8] In 2012, it was the world's second-largest user of U.S. H-1B visas.[9]
In 2024, parent company Tata Sons owned 71.74% of TCS,[10] and close to 80% of Tata Sons' dividend income came from TCS.[11]
- ^ "TCS reports dip in Q4 hiring". Retrieved 12 April 2024.
- ^ "Tata Consultancy Services Consolidated Profit & Loss account, Tata Consultancy Services Financial Statement & Accounts" (PDF). www.tcs.com.
- ^ "Tata Consultancy Services Consolidated Balance Sheet, Tata Consultancy Services Financial Statement & Accounts" (PDF). www.tcs.com. Retrieved 12 April 2024.
- ^ "Company Profile". Tata Consultancy Services. Retrieved 16 August 2024.
- ^ "Tata Consultancy Services - Fortune 500 List 2024 - Fortune India". www.fortuneindia.com. Retrieved 16 August 2024.
- ^ "TCS 2nd Indian company to hit $200 billion mcap after RIL". The Times of India. 16 September 2021.
- ^ "TCS Market Capitalization Hits $200 Billion As Shares Jump To Fresh Highs". 15 September 2021.
- ^ Krishnan, Raghu (15 September 2021). "TCS first Indian tech company to cross $200 billion market cap". The Economic Times.
- ^ "The data shows: Top H-1B users are offshore outsourcers". ComputerWorld. 14 February 2013. Retrieved 8 September 2013.
- ^ Agarwal, Nikhil (21 March 2024). "Tata Sons confirms selling 2.34 crore shares of TCS in block deal". The Economic Times. Retrieved 13 September 2024.
- ^ "Tata Sons repays Rs 20,000-crore debt to 'avoid' going public: Reduces stake in TCS and more". The Times of India. 7 September 2024. Retrieved 13 September 2024.
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