TCS' revenue from Tata Group firms nears $1 bn

Tata Consultancy Services (TCS) Ltd is nearing a billion dollars in annual revenue from its sister companies, a more than three-fold surge since Natarajan Chandrasekaran rose to the helm of the Tata Group's holding company eight years ago.

- Jas Bardia & Varun Sood

BENGALURU:

The growing internal business, now representing 3.1% of TCS's total revenue, underscores Chandrasekaran's strategic push to modernize the sprawling conglomerate's digital infrastructure and leverage the IT giant's capabilities across the group. Out of TCS's FY25 revenue of more than 2.5 lakh crore, ₹7,835 crore came from group companies, the company's annual report showed. Eight years back, the figure was ₹2,412 crore.

An email sent to TCS on Thursday remained unanswered.

Rising revenue from group companies comes amid a broader initiative to foster tighter collaboration among Tata entities, exemplified by mega-deals with Jaguar Land Rover and state-run Bharat Sanchar Nigam Ltd.