INNOVATING FOR FUTURE
Businessworld India|February 11, 2023
IT SERVICES, CONSULTING and business solutions provider Tata Consultancy Services has been partnering with many of the world's largest businesses in their transformation journeys for more than 50 years.
INNOVATING FOR FUTURE

Rajesh Gopinathan, CEO & MD, TCS

A part of the Tata group, India's largest multinational business group, TCS has more than 5,92,000 of the world's best-trained consultants in 55 countries. The company generated consolidated revenues of $25.7 billion in the fiscal year ended March 31, 2022. It has been ranked tenth in this year's BW Real 500 companies list, down two places from the previous year's list.

In rupee terms, TCS posted a revenue Rs 1,91,754 crore, which translated into growth of 16.8 per cent. "Our profitability continued to be industry-leading, with the operating margin at 25.3 per cent, and net margin at 20 per cent. Our earnings per share was at Rs 103.62, growing 16.1 per cent over the prior year. Our cash conversion continued to be very strong, with a cash conversion ratio of 104.2 per cent and free cash flow of Rs 36,985 crore," Rajesh Gopinathan, CEO & MD said.

This story is from the February 11, 2023 edition of Businessworld India.

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This story is from the February 11, 2023 edition of Businessworld India.

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