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Tata Consultancy Services Ltd
Tata Consultancy Services Ltd. (TCS) stands as a sterling example of India’s prowess in the global IT services market, a narrative of strategic vision and relentless execution. Born within the renowned Tata Group in 1968, TCS embarked on its journey amidst modest surroundings but with a bold ambition to revolutionize business processes through technology. Over the decades, TCS has morphed into a global leader, occupying a formidable spot in the consulting and IT services arena. The company thrives on its ability to offer a wide array of services that ranges from IT consulting and services integration to business solutions and outsourcing. At its core, TCS helps businesses leverage cutting-edge technology like artificial intelligence, machine learning, and blockchain to streamline operations, elevate customer experience, and foster innovation.
The engine of TCS's revenue generation hums with its robust strategy of engaging deeply with diverse industry verticals such as banking, retail, telecommunications, and healthcare. By positioning itself as a partner in technological transformation, TCS secures long-term contracts that ensure recurring revenue streams. Its globally distributed talent model, marked by a blend of onsite and offshore delivery, not only optimizes costs but also allows for round-the-clock project execution, enabling TCS to meet client needs efficiently. Furthermore, TCS invests significantly in research and development to stay ahead of technological trends, ensuring its service offerings continue to align with the evolving marketplace demands. The company’s prowess in navigating large-scale transformations makes it indispensable to clients worldwide looking for strategic guidance in an increasingly digital landscape.
Tata Consultancy Services Ltd. (TCS) stands as a sterling example of India’s prowess in the global IT services market, a narrative of strategic vision and relentless execution. Born within the renowned Tata Group in 1968, TCS embarked on its journey amidst modest surroundings but with a bold ambition to revolutionize business processes through technology. Over the decades, TCS has morphed into a global leader, occupying a formidable spot in the consulting and IT services arena. The company thrives on its ability to offer a wide array of services that ranges from IT consulting and services integration to business solutions and outsourcing. At its core, TCS helps businesses leverage cutting-edge technology like artificial intelligence, machine learning, and blockchain to streamline operations, elevate customer experience, and foster innovation.
The engine of TCS's revenue generation hums with its robust strategy of engaging deeply with diverse industry verticals such as banking, retail, telecommunications, and healthcare. By positioning itself as a partner in technological transformation, TCS secures long-term contracts that ensure recurring revenue streams. Its globally distributed talent model, marked by a blend of onsite and offshore delivery, not only optimizes costs but also allows for round-the-clock project execution, enabling TCS to meet client needs efficiently. Furthermore, TCS invests significantly in research and development to stay ahead of technological trends, ensuring its service offerings continue to align with the evolving marketplace demands. The company’s prowess in navigating large-scale transformations makes it indispensable to clients worldwide looking for strategic guidance in an increasingly digital landscape.
Revenue Growth: TCS reported Q2 FY26 revenue of INR 65,799 crores, up 3.7% sequentially and 2.4% year-on-year in reported currency, with 0.8% sequential growth in constant currency.
Margin Expansion: Operating margin improved to 25.2%, up 70 basis points sequentially, and net income margin reached 19.6%.
Strong Deal Wins: Total contract value (TCV) for the quarter was $10 billion, up 16% year-on-year, including a major AI-led deal with Tryg Insurance.
AI-Led Strategy: TCS is investing heavily to become the world's largest AI-led technology services company, expanding leadership, talent, and infrastructure, including a new subsidiary for a sovereign AI data center in India.
Future Guidance: Management expects FY26 international revenue growth to exceed last year’s 70 basis points in constant currency. Margin aspiration remains at 26–28%.
Talent Restructuring: The company released 1% of its workforce, mainly mid- and senior-level roles with skill mismatch, and rolled out wage hikes for 80% of employees.
CapEx & Investments: Major capital investments in AI infrastructure will be phased over 5–7 years, with an estimated $1 billion for every 150MW of data center capacity. Funding will include partners, equity, and debt.
Management
K. Krithivasan is the CEO and Managing Director of Tata Consultancy Services Ltd (TCS), a leading global IT services, consulting, and business solutions organization. Krithivasan joined TCS in 1989 and has played a crucial role in the company for many years. Before becoming CEO, he was the President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group, TCS's largest business unit. In this capacity, he was responsible for driving transformation initiatives, building strategic partnerships, and overseeing numerous successful client engagements globally. Krithivasan holds a Bachelor of Engineering (B.E.) degree and a Master of Technology (M.Tech.) degree. Under his leadership, TCS has continued to strengthen its position in the IT sector, focusing on innovative solutions and digital transformation for clients worldwide. Known for his strategic insight and strong client relationships, Krithivasan has contributed significantly to the growth and success of TCS in the highly competitive IT industry.
Krithivasan holds a Bachelor of Engineering (B.E.) degree and a Master of Technology (M.Tech.) degree. Under his leadership, TCS has continued to strengthen its position in the IT sector, focusing on innovative solutions and digital transformation for clients worldwide. Known for his strategic insight and strong client relationships, Krithivasan has contributed significantly to the growth and success of TCS in the highly competitive IT industry.
Samir Seksaria is the Chief Financial Officer (CFO) of Tata Consultancy Services Ltd (TCS), a leading global IT services, consulting, and business solutions organization. He was appointed to this role in May 2021. Samir is an experienced professional with a long-standing career at TCS, having joined the company in 1999. Before becoming the CFO, he served in various capacities within the company, focusing on corporate finance and planning. He was also an integral part of the organization's business finance function. His contributions have been instrumental in shaping TCS's strategic financial planning and executing its business objectives. Samir Seksaria holds a Bachelor’s degree in Commerce and is a qualified Chartered Accountant. His robust financial expertise and in-depth understanding of TCS's operations have played a crucial role in driving the company's growth and financial success.
Before becoming the CFO, he served in various capacities within the company, focusing on corporate finance and planning. He was also an integral part of the organization's business finance function. His contributions have been instrumental in shaping TCS's strategic financial planning and executing its business objectives.
Samir Seksaria holds a Bachelor’s degree in Commerce and is a qualified Chartered Accountant. His robust financial expertise and in-depth understanding of TCS's operations have played a crucial role in driving the company's growth and financial success.
Dr. Harrick Vin is a notable figure in the tech industry, particularly known for his significant contributions at Tata Consultancy Services Ltd. (TCS). At TCS, he holds the position of Global Head of Technology & Innovation, where he plays a critical role in steering the company’s technological direction and fostering a culture of innovation. His responsibilities include overseeing research and development and leading initiatives in emerging technologies to drive business transformation. Dr. Vin is recognized for his expert knowledge in the fields of cloud computing, data management, and network systems. Before joining TCS, he was a professor of computer science at the University of Texas at Austin, where he contributed extensively to academia and research. His academic background and professional experience have equipped him with a deep understanding of how to leverage technology to solve complex business problems. Throughout his career, Dr. Vin has been a prolific author of research papers and has held multiple patents, underscoring his influence and depth of knowledge in the tech domain. His visionary leadership at TCS continues to drive the company forward in a rapidly evolving technological landscape.
Dr. Vin is recognized for his expert knowledge in the fields of cloud computing, data management, and network systems. Before joining TCS, he was a professor of computer science at the University of Texas at Austin, where he contributed extensively to academia and research. His academic background and professional experience have equipped him with a deep understanding of how to leverage technology to solve complex business problems.
Throughout his career, Dr. Vin has been a prolific author of research papers and has held multiple patents, underscoring his influence and depth of knowledge in the tech domain. His visionary leadership at TCS continues to drive the company forward in a rapidly evolving technological landscape.
Kedar Shirali is a senior executive at Tata Consultancy Services (TCS), where he serves as the Global Head of Investor Relations. In his role, Shirali is responsible for managing relationships with institutional investors, analysts, and other stakeholders in the financial community. He plays a crucial part in communicating TCS’s financial health, business strategy, and growth prospects, ensuring transparency and fostering investor confidence. With a background in finance and extensive experience in investor relations and corporate strategy, Shirali has been instrumental in shaping TCS's communication strategies with the investment community. His efforts have been pivotal in helping TCS maintain a strong and positive image in global markets. Shirali holds a degree in finance and has accumulated vast experience in the IT and consulting sectors, contributing to his adept handling of investor communications and strategic corporate initiatives.
With a background in finance and extensive experience in investor relations and corporate strategy, Shirali has been instrumental in shaping TCS's communication strategies with the investment community. His efforts have been pivotal in helping TCS maintain a strong and positive image in global markets.
Shirali holds a degree in finance and has accumulated vast experience in the IT and consulting sectors, contributing to his adept handling of investor communications and strategic corporate initiatives.
Madhav Anchan is a senior executive at Tata Consultancy Services Limited (TCS), a leading global IT services, consulting, and business solutions organization. Currently, he serves as the Regional Head for Latin America at TCS. In this role, he is responsible for managing and driving the company's operations and growth across various countries in the Latin American region. With a career at TCS spanning over two decades, Madhav Anchan has held various leadership positions, contributing significantly to the company's expansion and customer relationships in international markets. His expertise lies in business development, strategic planning, and fostering client relationships, making him a key figure in TCS's global leadership team.
Abhinav Kumar serves as the Chief Marketing & Communications Officer for Tata Consultancy Services Ltd (TCS), one of the world's leading IT services and consulting firms. With a dynamic career spanning over two decades, Abhinav has been pivotal in fortifying TCS’s global brand presence. Prior to his current role, he played an instrumental part in TCS’s growth in the European market, driving strategic communications and marketing initiatives. Abhinav is renowned for his expertise in brand management, corporate communications, and digital marketing strategies. His leadership has been critical in positioning TCS as a leader in digital transformation, bringing innovative storytelling and customer-centric narratives to the forefront. Additionally, he has contributed to various initiatives that highlight technological advancements and their societal impacts, underscoring TCS's commitment to sustainability and community development. An alumnus of prestigious institutions, Abhinav's educational background includes qualifications in engineering and management, complementing his extensive hands-on experience in the tech industry. His contributions to the field are recognized across industry platforms, making him a distinguished thought leader in marketing and communications within the technology sector.
Abhinav is renowned for his expertise in brand management, corporate communications, and digital marketing strategies. His leadership has been critical in positioning TCS as a leader in digital transformation, bringing innovative storytelling and customer-centric narratives to the forefront. Additionally, he has contributed to various initiatives that highlight technological advancements and their societal impacts, underscoring TCS's commitment to sustainability and community development.
An alumnus of prestigious institutions, Abhinav's educational background includes qualifications in engineering and management, complementing his extensive hands-on experience in the tech industry. His contributions to the field are recognized across industry platforms, making him a distinguished thought leader in marketing and communications within the technology sector.
Milind Lakkad is a prominent executive known for his role at Tata Consultancy Services (TCS), one of the world's leading IT services, consulting, and business solutions organizations. He serves as the Executive Vice President and Global Head of Human Resources at TCS. In this capacity, Milind Lakkad oversees the company's vast human resources operations, which support a massive workforce spread across various global locations. An M.Tech. graduate, Lakkad has played a crucial role in shaping the company's HR strategies, focusing on talent management, employee engagement, and ensuring the professional growth and development of TCS's employees. His efforts have been aimed at fostering a work environment that embraces innovation, learning, and collaboration. With decades of experience at TCS, Milind Lakkad has contributed significantly to the firm’s strategic HR initiatives and has been involved in various aspects of managing one of the largest IT talent pools in the world. His leadership has been instrumental in maintaining TCS's reputation as a preferred employer globally, emphasizing the well-being and continuous development of its employees.
An M.Tech. graduate, Lakkad has played a crucial role in shaping the company's HR strategies, focusing on talent management, employee engagement, and ensuring the professional growth and development of TCS's employees. His efforts have been aimed at fostering a work environment that embraces innovation, learning, and collaboration.
With decades of experience at TCS, Milind Lakkad has contributed significantly to the firm’s strategic HR initiatives and has been involved in various aspects of managing one of the largest IT talent pools in the world. His leadership has been instrumental in maintaining TCS's reputation as a preferred employer globally, emphasizing the well-being and continuous development of its employees.