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Tata Consultancy Services information


Tata Consultancy Services Limited
Company typePublic
Traded as
  • BSE: 532540
  • NSE: TCS
  • BSE SENSEX Constituent
  • NSE NIFTY 50 Constituent
ISININE467B01029
IndustryInformation technology
Consulting
Outsourcing
Founded1968; 56 years ago (1968)
FounderJ. R. D. Tata
HeadquartersMumbai, India
Area served
Worldwide
Key people
Natarajan Chandrasekaran
(Chairman)
K. Krithivasan
(CEO)
RevenueIncrease 245,315 crore (US$31 billion)[1] (2024)
Operating income
Increase 61,997 crore (US$7.8 billion)[1] (2024)
Net income
Increase 46,099 crore (US$5.8 billion)[1] (2024)
Total assetsIncrease 146,449 crore (US$18 billion)[2] (2024)
Total equityIncrease 91,319 crore (US$11 billion)[2] (2024)
Number of employees
601,546[3] (March 2024)
ParentTata Group
Subsidiaries
  • TRDDC
Websitewww.tcs.com
Footnotes / references
[4][5]

Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) services and consulting company headquartered in Mumbai.[6][7] It is a part of the Tata Group and operates in 150 locations across 46 countries.[8] In March 2024, it was reported that TCS had more than 601,546 employees worldwide.[9][10] TCS is the second-largest Indian company by market capitalization, the most valuable IT service brands worldwide, and the top Big Tech (India) company.[11][12][13] As of June 2023, it was the world's second-largest user of U.S. H-1B visas.[14]

As of 2021, it was ranked seventh on the Fortune India 500 list.[15] In September 2021, TCS recorded a market capitalization of US$200 billion, making it the first Indian IT tech company to do so.[16][17][18][19][20] In 2016–2017, parent company Tata Sons owned 72.05% of TCS[21] and more than 70% of Tata Sons' dividends were generated by TCS.[22]

  1. ^ a b c "Tata Consultancy Services Consolidated Profit & Loss account, Tata Consultancy Services Financial Statement & Accounts" (PDF). www.tcs.com.
  2. ^ a b "Tata Consultancy Services Consolidated Balance Sheet, Tata Consultancy Services Financial Statement & Accounts" (PDF). www.tcs.com. Retrieved 12 April 2024.
  3. ^ "TCS reports dip in Q4 hiring". Retrieved 12 April 2024.
  4. ^ "Press Release - USD" (PDF). Tata Consultancy Services. 12 April 2019. Retrieved 13 April 2019.
  5. ^ Chandrashekhar, Anandi (22 May 2020). "TCS management takes home smaller pay packets due to COVID-19 impact". The Economic Times.
  6. ^ "Tata Consultancy Services". Forbes. 29 August 2013. Retrieved 3 September 2013.
  7. ^ "Tata Consultancy Services Ltd (TCS.NS)". Reuters. Retrieved 3 September 2013.
  8. ^ "TCS Investor FAQs". TCS. June 2014. Retrieved 30 November 2017.
  9. ^ "TCS employees get salary hikes, workforce strength crosses 6 lakh milestone". 8 July 2022.
  10. ^ "Number of employees at Tata Consultancy Services 2022". Statista. Retrieved 18 November 2023.
  11. ^ "TCS market value crosses Rs 7 lakh crore – stock at all-time-high". Times of India. 2 September 2013.
  12. ^ "TCS market cap crosses Rs. 4 lakh crore". 2 September 2013. Retrieved 3 September 2013.
  13. ^ "TCS brandvalue exceeds 5 billion".
  14. ^ "The data shows: Top H-1B users are offshore outsourcers". ComputerWorld. 14 February 2013. Retrieved 8 September 2013.
  15. ^ "Tata Consultancy Services - Fortune 500 List 2018 - Fortune India". www.fortuneindia.com. Archived from the original on 25 June 2021. Retrieved 5 September 2019.
  16. ^ "TCS 2nd Indian company to hit $200 billion mcap after RIL". The Times of India. 16 September 2021.
  17. ^ "TCS Market Capitalization Hits $200 Billion As Shares Jump To Fresh Highs". 15 September 2021.
  18. ^ Krishnan, Raghu (15 September 2021). "TCS first Indian tech company to cross $200 billion market cap". The Economic Times.
  19. ^ "Top 100 stocks by Market Capitalization | BSE Listed stocks Market Capitalization". www.bseindia.com. Retrieved 19 December 2022.
  20. ^ "Top 100 stocks by Market Capitalization | BSE Listed stocks Market Capitalization". mock.bseindia.com. Retrieved 21 November 2023.
  21. ^ "Ishaat Hussain to Replace Cyrus Mistry as Chairman of Tata Consultancy Services". News18.com. 10 November 2016. Archived from the original on 29 November 2018. Retrieved 8 October 2018.
  22. ^ "TCS has also accounted for at least 70% of Tata Sons dividends in the past three years, which would have worked in Chandrasekaran's favour". 13 January 2017. Retrieved 8 October 2018.

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