Financial Statement Analysis of Tata Consultancy Services Limited

The Indian IT industry could be divided into various segments such as Software, IT services, IT-enabled Services/BPO, E-commerce, Digital, etc. India was the leading destination for the global services sourcing business with a 55% share in the global market in 2017-18. In Financial Year 2018 (FY18), the Indian IT/ITeS industry had generated US$167 billion worth of revenue. Business Process Management (BPM) contributed to 19.2% of the overall industry revenue...