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    TCS   INE467B01029

TATA CONSULTANCY SERVICES LTD.

(TCS)
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Tata Consultancy Services : TCS Welcomes Local Partners to Letterkenny Global Delivery Centre

02/18/2022 | 12:31am EDT

Tata Consultancy Services Event Demonstrates Commitment to Expand Purposeful Partner Collaboration and Relationships to Make a Difference in the Local Community

LETTERKENNY, February 18, 2022: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) hosted a milestone 'welcome event' at its Global Delivery Centre in Letterkenny, Donegal Ireland for its network of local and regional partners. The event provided an opportunity to bring together TCS' growing ecosystem of partners to benefit the community and local economy.

Over 30 organisations were in attendance representing a range of partners including local schools, universities, charities, the Northwest Regional Skills Forum, Local Enterprise Board, Junior Achievement Ireland, Business in the Community, Udarás na Gaeltachta and the IDA among others.

The event provided one of the first real opportunities since the COVID pandemic for TCS to welcome its local and regional partners to its impressive facility located in the Letterkenny Technology Park. Additionally, the event provided valuable learning and networking opportunities for attendees to meet with local senior management at TCS to better understand the goals, ambition, and aspirations for the TCS brand and business at both a regional, national, and international level.

Speaking at the event, Andrea McBride, Head of the TCS Letterkenny Global Delivery Centre, said: "The establishment and growth of the TCS business in Letterkenny is providing opportunities for us to invest and collaborate in purposeful partnerships that make a difference. Whether that is through playing an active part in local community initiatives through sports and education, or whether it is working with local charities, TCS is committed to being a core part of the community that has so graciously welcomed us."

TCS presented an overview of partner engagement activities over the coming months and years across a range of initiatives including education, technology skills development, employment opportunities, sustainability, and innovation programmes. Earlier this month, TCS teamed up with Letterkenny Institute of Technology to run TCS HackQuest Ireland 2022, an ethical hacking challenge event for students looking to hone and apply their skills in this important area of cyber security.

Guests at the event also got a tour of some of the state-of-the-art facilities at the TCS Global Delivery Centre including a digital innovation lab. Highlighting other developments currently in the pipeline, Gerard Grant, Director, Strategic Initiatives at the TCS Letterkenny Global Delivery Centre, said: "TCS is very excited about our continuing transformation journey as we succeed in onboarding new clients alongside building out specialist business capabilities, including a cloud experience hub and cyber security threat management centre to support multiple customers from the Letterkenny Global Delivery Centre."

Commenting on TCS' presence in the region, Michelle Conaghan, Regional Manager, North West Region at IDA Ireland, said: "TCS is a valued employer in the North-West. IDA Ireland is supportive of the work TCS is doing in building a successful, international, high-tech business in Ireland. As one of the largest employers in the North-West, TCS is creating job opportunities in digital transformation, cyber security, and cloud services for people across the region and beyond and is contributing significantly to the local economy. TCS is also playing a central role in establishing the North West's reputation as a growth cluster for hi-tech enterprises and we look forward to continuing our ongoing partnership with the company."

TCS employs close to 1,400 people at its Letterkenny facility across a range of high-skilled tech related roles.

About Tata Consultancy Services (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 556,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com.

TCS Media Contacts Asia Pacific

Email: wenjian.lin@tcs.com

Phone: +65 9695 9948

Australia and New Zealand

Email: kelly.ryan@tcs.com

Phone: +61 422 989 682

Canada

Email: Tiffany.fisher@tcs.com

Phone: +1 416-456-7650

Europe

Email: joost.galema@tcs.com

Phone: +31 615 903387

India

Email: saxena.kritika@tcs.com

Phone: +91 22 6778 9999

Email: vanshika.sood@tcs.com

Phone: +91 22 67789098

Middle East & Africa

Email: s.hasneen@tcs.com

Phone: +00971567471988

Japan

Email: douglas.foote@tcs.com

Phone: +81 80 2115 0989

Latin America

Email: martin.karich@tcs.com

Phone: +569 6170 9013

UK

Email: peter.devery@tcs.com

Phone: +44 20 3155 2421

USA

Email: william.thomas@tcs.com

Phone: +1 203 984 3978

Disclaimer

TCS - Tata Consultancy Services Ltd. published this content on 18 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 05:30:02 UTC.


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Sales 2023 2 193 B 27 543 M 27 543 M
Net income 2023 421 B 5 281 M 5 281 M
Net cash 2023 401 B 5 042 M 5 042 M
P/E ratio 2023 29,6x
Yield 2023 2,41%
Capitalization 12 446 B 156 B 156 B
EV / Sales 2023 5,49x
EV / Sales 2024 4,94x
Nbr of Employees 592 195
Free-Float 27,7%
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