Tata Consultancy Services (TCS) achieved annual sales of about 1.57 trillion Indian rupees in its 2020 fiscal year, which is the equivalent of around 21 billion U.S. dollars. The annual revenue of TCS has seen rapid growth in the last seven years: the FY2020 revenue more than doubled that from the FY2013.

Tata Consultancy Services

Based in Mumbai, India, Tata Consultancy Services Limited is an Indian multinational information technology (IT) service and consulting company. As of November 2018, TCS was the second largest company and the largest software company in India by market capitalization. Clients from the banking, financial service and insurance industry contributed the most to TCS’ continued sales boom. When it comes to regional sales, the Americas is TCS’ largest regional market, followed by Europe.

TCS‘ competitors

Infosys is TCS’ biggest competitor in India. As the second largest Indian software company by market capitalization, Infosys brought in sales revenue of 826.75 billion Indian rupees in fiscal year 2019, the equivalent of around 11.8 billion U.S. dollars. Wipro Limited, another leading Indian IT services company, had an annual revenue of 546.36 billion Indian rupees in its 2018 fiscal year, around 8.2 billion U.S. dollars.