TECH SUPPLIER May 2020 - Market Note - Doc # EUR146271820

TCS 4Q20 and FY20 Results: Navigating the COVID-19 Storm

By: Riccardo BarraiResearch Analyst, European Services Group

Abstract

This IDC Market Note covers TCS' announcement of its 4Q20 and FY20 financial results on April 16, 2020. The company reported full-year revenue of $22 billion with 5.3% YoY growth and annual net income of $4.5 billion (up1.1% YoY). Revenue for 4Q20 was $5.4 billion, up 0.9% YoY.


Coverage

Subscriptions Covered

European Services Overview


Companies Covered

Tata Consultancy Services Limited


Regions Covered

Western Europe


Topics Covered

COVID-19, Digital transformation


Content


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