TCS reaches a milestone, hits $25 billion in annual revenue

In July 2021, TCS had announced the launch of Jile 5.0, an updated version of a SaaS-based corporate agile application to help businesses with their large scale development needs across different remote teams.
TCS annual revenue
Listen to this story

Tata Consultancy Services has reached a milestone of $25 billion in annual revenue for the year ended December 2021. TCS’ net profit for the December quarter grew 12.3 per cent to Rs 9,769 crore. The company said that its growth over the past four quarters helped them reach the $25 billion mark. Rajesh Gopinath, the CEO and managing director of TCS said, “Our continued growth momentum is a validation of our collaborative, inside-out approach to our customers’ business transformation needs.”

The company also promoted 1.1 lakh employees in this fiscal year and plans to promote 40,000 more in Q4 FY22. With the addition of 28,238 members, TCS has taken its total employee strength to 5,56,986.

With improved performance in terms of both revenue and talent acquisition and retention, TCS has managed to become the leading Indian SaaS company.

TCS is rapidly transitioning to a more cloud and SaaS-based platform. In an earlier interview with Economics Times, N Ganapathy Subramaniam, the chief operating officer of TCS, said that in 2021, over 95 per cent of the company’s deal wins have been cloud and SaaS-based platforms. He also said that the company is moving towards a SaaS-based consumption model. Notably, in July 2021, TCS had announced the launch of Jile 5.0, an updated version of a Saas-based corporate agile application to help businesses with their large sale development needs across different remote teams.

Download our Mobile App

Shraddha Goled
I am a technology journalist with AIM. I write stories focused on the AI landscape in India and around the world with a special interest in analysing its long term impact on individuals and societies. Reach out to me at

Subscribe to our newsletter

Join our editors every weekday evening as they steer you through the most significant news of the day.
Your newsletter subscriptions are subject to AIM Privacy Policy and Terms and Conditions.

Our Recent Stories

Our Upcoming Events

3 Ways to Join our Community

Telegram group

Discover special offers, top stories, upcoming events, and more.

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Subscribe to our Daily newsletter

Get our daily awesome stories & videos in your inbox

6 IDEs Built for Rust

Rust IDEs aid efficient code development by offering features like code completion, syntax highlighting, linting, debugging tools, and code refactoring

Can OpenAI Save SoftBank? 

After a tumultuous investment spree with significant losses, will SoftBank’s plans to invest in OpenAI and other AI companies provide the boost it needs?

Oracle’s Grand Multicloud Gamble

“Cloud Should be Open,” says Larry at Oracle CloudWorld 2023, Las Vegas, recollecting his discussions with Microsoft chief Satya Nadella last week.