Tata Consultancy Services (TCS) has seen a surge in demand for its services and expects to recruit 10,000 individuals in the US by 2022.
Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1039635.71 Crore) operating in IT Software sector.
For the quarter ended 30-09-2020, the company has reported a Consolidated sales of Rs 40135 Crore, up 4.73 per cent from last quarter Sales of Rs 38322 Crore and up 2.97 per cent from last year same quarter Sales of Rs 38977 Crore. Company has reported net profit after tax of Rs 7504 Crore in latest quarter.
Tata Consultancy Services Ltd. key Products/Revenue Segments include Information Technology & Consultancy Services which contributed Rs 97356 Crore to Sales Value (100.00 per cent of Total Sales) for the year ending 31-Mar-2018.
Promoters held 72.05 per cent stake in the company as of quarter ended 31st Sep 2020.
It quoted a price-to-earnings ratio of 33.52 and price to book value of 8.13.