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.