TCS has announced Q3 FY22 results, for the period ending December 31, 2021:
- Revenues were $6,524m, up 14.4% y/y, up 15.4% in CC
- Operating income (EBIT) was $1,633m, a margin of 25%, down 1.6 pts y/y.
Q3 FY22 revenue mix by geography (with NelsonHall estimates of revenue) and CC y/y growth was:
- North America 50.7% ($3,308m) +19.0%
- Latin America 1.7% ($111m), +21.1%
- U.K. 15.6% ($1,018m) +12.7%
- Continental Europe 16.0% ($1,044m) +17.5%
- India 5.5% ($359m) +15.2%
- APAC 8.6% ($561m) +4.3%
- Middle East/Africa 1.9% ($124m) +6.9%.
Q3 FY22 revenue mix by vertical (with NelsonHall estimates of revenue in US$) and CC y/y growth was:
- BFSI 32.1% ($2,094m) +17.9%
- Retail & CPG 15.1% ($985m) +20.4%
- Communication & Media 6.5% ($424m) +14.4%
- Manufacturing 9.9% ($646m) +18.3%
- Life Sciences & Healthcare 9.9% ($646m) +16.3%
- Technology & Services 8.7% ($568m) +17.7%
- Regional Markets & Others 17.8% ($1,161m) +5.2%.
The number of clients generating annual revenue of (and at end Q3 FY21) was:
- $10m+, 426 (386)
- $20m+, 255 (229)
- $50m+, 118 (97)
- $100m+ 58 (48).
Headcount at end December 2021 was 556,986 a net increase during the quarter of 28,238.
| Vendor | Tata Consultancy Services |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2020-12-31 |
| Growth | 14.4 |
| Revenues ((m) in local currency | 6524 |
| Revenues (in $m at that date) | 6524 |