TCS Q1 Net Up 28.5% At Rs 9,008 Cr, Employee Headcount Surges Past 5 Lakh Mark In First Quarter
3 years, 5 months ago

TCS Q1 Net Up 28.5% At Rs 9,008 Cr, Employee Headcount Surges Past 5 Lakh Mark In First Quarter

ABP News  

India’s largest software exporter, Tata Consultancy Services on Thursday reported a 28.5% growth in its first-quarter revenues to Rs 9008 crore. Commenting on the results, Rajesh Gopinathan, Chief Executive Officer and Managing Director, TCS said: “Our business in North America, BFSI and Retail all showed an appreciable growth which underlines the resilience of our operating model, relevance of our offerings and above all, the passion and dedication of our associates. The pandemic’s second wave impacted sequential growth in India Samir Seksaria, Chief Financial Officer, said: “We crossed the $6 billion milestone in quarterly revenue this quarter. Despite this and headwinds in regional markets, we expanded our Q1 operating margin year on year, reflecting the inherent resilience of our business model.” TCS’ employee headcount crossed the 500,000 mark in Q1, with 509,058 employees as of June 30, a net addition of 20,409 its highest quarterly net addition ever.

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