The above graph represents the TCS global revenue by year, starting from fiscal 2005 to the recently completed year. During the fiscal year ended March 31, 2020, the Indian IT company generated its highest-ever annual revenue of Rs 1,569.49 billion, with a modest 7.16% YoY growth. Approximately 52.3% of that came from the North America region.
Growth in TCS Global Revenue: History
|Source||TCS annual reports|
|Note||TCS fiscal year starts from April 1st|
As the graph shows, TCS annual revenue has significantly been increasing since 2005. In fiscal 2006, the company reported its first over Rs 100 billion in revenue, worldwide. The total revenue clocked Rs 132.64 billion, with an impressive 36% YoY growth. Interestingly, in just three years, the annual revenue of TCS more than doubled, clocking Rs 278.13 billion.
The fiscal 2013 was the first time when the global revenue of TCS Limited crossed Rs 500 billion mark. The company recorded an appreciable 28.8% YoY growth in its revenue, amounting to Rs 629.9 billion. A majority of that came from the company’s information technology and consultancy services.
In fiscal 2016, Tata Consultancy Services achieved over Rs 1 trillion in annual revenue. The total revenue increased 14.79% YoY, to a whopping Rs 1,086.46 billion (Rs 1.09 trillion) during the 12-months ended March 31, 2016. This was equivalent of $16.55 billion.
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