TCS has announced Q2 FY22 results, for the period ending September 30, 2021:
- Revenues were $6,333m, up 16.8% y/y, up 15.5% in CC
- Operating income (EBIT) was $1,622m, a margin of 25.6%, down 0.6 pts y/y.
Q2 FY22 revenue mix by geography (with NelsonHall estimates of revenue) and CC y/y growth was:
- North America 50.3% ($3,185m) +17.4%
- Latin America 1.6% ($101m), +15.2%
- U.K. 16.1% ($1,020m) +15.6%
- Continental Europe 15.9% ($1,007m) +13.5%
- India 5.1% ($323m) +20.1%
- APAC 9.0% ($570m) +7.6%
- Middle East/Africa 2.0% ($127m) +13.8%.
Q2 FY22 revenue mix by vertical (with NelsonHall estimates of revenue in US$) and CC y/y growth was:
- BFSI 32.4% ($2,052m) +17.0%
- Retail & CPG 15.0% ($950m) +18.4%
- Communication & Media 6.5% ($412m) +15.6%
- Manufacturing 9.9% ($627m) +21.7%
- Life Sciences & Healthcare 10.0% ($633m) +21.7%
- Technology & Services 8.8% ($557m) +19.0%
- Regional Markets & Others 17.4% ($1,102m) +6.4%.
The number of clients generating annual revenue of (and at end Q2 FY21) was:
- $10m+, 417 (386)
- $20m+, 247 (228)
- $50m+, 114 (97)
- $100m+ 54 (49).
Headcount at end September 2021 was 528,748 a net increase during the quarter of 19,690.
| Vendor | Tata Consultancy Services |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2020-09-30 |
| Growth | 16.8 |
| Revenues ((m) in local currency | 6333 |
| Revenues (in $m at that date) | 6333 |