TCS has announced Q1 FY22 results, for the period ending June 30, 2021:
- Revenues were $6,154m, up 21.6% y/y, up 16.4% in CC
- Operating income (EBIT) was $1,570m, a margin of 25.5%, up 1.9 pts y/y.
Q1 FY22 revenue mix by geography (with NelsonHall estimates of revenue) and CC y/y growth was:
- North America 49.5% ($3,040m) +15.8%
- Latin America 1.6% ($98m), +16.1%
- U.K. 16.3% ($1,003m) +16.3%
- Continental Europe 16.7% ($1,028m) +19.7%
- India 4.6% ($283m) +25.3%
- APAC 9.3% ($572m) +9.3%
- Middle East/Africa 2.1% ($129m) +25.3%.
Q1 FY22 revenue mix by vertical (with NelsonHall estimates of revenue in US$) and CC y/y growth was:
- BFSI 32.5% ($2,000m) +19.3%
- Retail & CPG 14.8% ($911m) +21.7%
- Communication & Media 6.4% ($394m) +6.9%
- Manufacturing 9.8% ($603m) +18.3%
- Life Sciences & Healthcare 10.8% ($628m) +25.4%
- Technology & Services 8.6% ($529m) +12.3%
- Regional Markets & Others 17.7% ($1,089m) +7.7%.
The number of clients generating annual revenue of (and at end Q1 FY21) was:
- $10m+, 405 (382)
- $20m+, 241 (230)
- $50m+, 102 (97)
- $100m+ 50 (49).
Headcount at end June 2021 was 509,058 a net increase during the quarter of 20,409.
| Vendor | Tata Consultancy Services |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2020-06-30 |
| Growth | 21.6 |
| Revenues ((m) in local currency | 6154 |
| Revenues (in $m at that date) | 6154 |