Tata Consultancy Services (TCS), India’s leading IT services provider, has surpassed a key revenue benchmark, crossing $30 billion (₹2,55,324 crore) in total revenue for the financial year 2024–25. This represents a 6% year-on-year growth and 4.2% growth in constant currency (CC) terms, underscoring the company’s long-term resilience despite macroeconomic challenges.
The surge was largely driven by a 37.2% YoY growth in the Regional Markets and a strong performance in verticals like Energy, Resources & Utilities (5.1%) and Manufacturing (2.9%). TCS ended FY25 with a robust total contract value (TCV) of $39.4 billion, including a record-high $12.2 billion in Q4 alone. The book-to-bill ratio stood at a healthy 1.6 in Q4, reflecting strong visibility ahead.
Operating margin for the year stood at 24.3%, while the net margin was stable at 19%. AI adoption emerged as a key growth lever, with notable wins across cloud modernization, GenAI implementation, and large-scale digital transformation projects.
K Krithivasan, CEO & MD, said, “We are pleased to cross the $30 billion revenue milestone with a strong order book. Our AI and digital innovation expertise, backed by deep client relationships and scale, positions us as a strategic partner to global enterprises navigating uncertainty.”
TCS ended the year with a global workforce of 607,979 professionals, 35.2% of whom are women. Attrition in IT services dropped to 13.3% LTM, aided by strategic investments in talent development—over 56 million learning hours and 5.2 million competencies were acquired during the year.
Looking ahead, the company’s sustained focus on AI, cloud, cybersecurity, and digital engineering, along with its expanding strategic partnerships, puts it in a strong position to support client transformations while maintaining industry-leading margins.