Tata Consultancy Services
Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services and consulting company headquartered in Mumbai, Maharashtra, India. TCS launched as a division of Tata Sons on April 1, 1968, as a management & technology consultancy that would create demand for downstream computer services. As of February 2021, TCS is the largest company in the IT sector in the world by the Market capitalisation of $169.2 billion. It is a subsidiary of the Tata Group and operates in 149 locations across 46 countries.TCS and its subsidiaries provide a wide range of information technology-related products and services, including application development, business process outsourcing, capacity planning, consulting, enterprise software, hardware sizing, payment processing, software management, and technology education services. The firm’s established software products are TCS BaNCS and TCS Master Craft.TCS’ CSR commitment focus on education, skilling, entrepreneurship, and employment, they help people and communities bridge the opportunity gap and harness the existing abundance. TCS also support the health, wellness, water, sanitation and hygiene needs of communities. They incorporate an inclusive approach into the design of every program to meet the needs, especially of women, youth, and marginalised groups.TCS has been a major contributor to the Tata Group’s pledge of $200M to COVID19 relief in India. To support healthcare needs, they had set up isolation centres, hospitals, expanded health workers’ capacity, provided PPE and other medical supplies, respiratory systems for treating increasing cases, testing kits to increase per capita testing, setting up modular treatment facilities for infected patients, training of health workers as well as the general public and helped at-risk population gain access to care. These are in addition to their research & innovation efforts on vaccine, drug molecule discovery, clinical trial systems, affordable devices and more. Their shareholding pattern consists of Promoters and Promoter Group having 72.19% shares, Public having 4.3% shares, Government having 0.06% following by FII’s having 15.62% shares and DII’s having 7.83% shares.For the quarter ended 31-06-2021, the company has reported a Consolidated Total Income of Rs 46132.00 Crore, from last quarter Total Income of Rs 44636.00 Crore. The Year-on-Year growth resulted 28.12%. Company has reported net profit margin of 19.58% in the latest quarter (Q1 FY 22) as against 20.79% in the previous quarter (Q4 FY21). The revenue growth decreased from 4.02% to 3.90% in the latest quarter (Q1 FY 22).
