TCS has announced Q3 FY21 results, for the period ending December 31, 2020:
- Revenues were $5,702m, up 2.1% y/y, up 0.4% in CC
- Operating income (EBIT) was $1,517m, a margin of 26.6%, up 1.6 pts y/y.
Q3 FY21 revenue mix by geography (with NelsonHall estimates of revenue) and CC y/y growth was:
- North America 49.1% ($2,800m) -0.2%
- Latin America 1.7% ($97m), -3.8%
- U.K. 15.7% ($895m) +1.6%
- Continental Europe 16.2% ($924m) +3.6%
- India 5.6% ($319m) +4.1%
- APAC 9.7% ($553m) +1.3%
- Middle East/Africa 2.0% ($114m) -3.8%.
Q3 FY21 revenue mix by vertical (with NelsonHall estimates of revenue in US$) and CC y/y growth was:
- BFSI 31.3% ($1,785m) +2.4%
- Retail & CPG 14.5% ($827m) -5.1%
- Communication & Media 6.6% ($376m) -4.8%
- Manufacturing 9.6% ($547m) -4.6%
- Life Sciences & Healthcare 9.8% ($559m) +18.2%
- Technology & Services 8.6% ($490m) +2.4%
- Regional Markets & Others 19.6% ($1,118m) -2.9%.
The number of clients generating annual revenue of (and at end Q3 FY20) was:
- $10m+, 386 (395)
- $20m+, 229 (232)
- $50m+, 97 (102)
- $100m+ 48 (47).
Headcount at end December 2020 was 469,261 a net increase during the quarter of 15,721.
Annualized attrition in Q3 FY21, excluding BPO, was 7.6%.
TCS has announced Q3 FY21 results, for the period ending December 31, 2020:
- Revenues were $5,702m, up 2.1% y/y, up 0.4% in CC
- Operating income (EBIT) was $1,517m, a margin of 26.6%, up 1.6 pts y/y.
Q3 FY21 revenue mix by geography (with NelsonHall estimates of revenue) and CC y/y growth was:
- North America 49.1% ($2,800m) -0.2%
- Latin America 1.7% ($97m), -3.8%
- U.K. 15.7% ($895m) +1.6%
- Continental Europe 16.2% ($924m) +3.6%
- India 5.6% ($319m) +4.1%
- APAC 9.7% ($553m) +1.3%
- Middle East/Africa 2.0% ($114m) -3.8%.
Q3 FY21 revenue mix by vertical (with NelsonHall estimates of revenue in US$) and CC y/y growth was:
- BFSI 31.3% ($1,785m) +2.4%
- Retail & CPG 14.5% ($827m) -5.1%
- Communication & Media 6.6% ($376m) -4.8%
- Manufacturing 9.6% ($547m) -4.6%
- Life Sciences & Healthcare 9.8% ($559m) +18.2%
- Technology & Services 8.6% ($490m) +2.4%
- Regional Markets & Others 19.6% ($1,118m) -2.9%.
The number of clients generating annual revenue of (and at end Q3 FY20) was:
- $10m+, 386 (395)
- $20m+, 229 (232)
- $50m+, 97 (102)
- $100m+ 48 (47).
Headcount at end December 2020 was 469,261 a net increase during the quarter of 15,721.
Annualized attrition in Q3 FY21, excluding BPO, was 7.6%.
| Vendor | Tata Consultancy Services |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2019-12-31 |
| Growth | 2.1 |
| Revenues ((m) in local currency | 5702 |
| Revenues (in $m at that date) | 5702 |