The honour highlights TCS’ industry-leading organic growth, which saw the company mark $39.4 billion in Total Contract Value and $30 billion in revenues in FY25
Press release
DALLAS | MUMBAI, September 18, 2025: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has been recognised in Everest Group’s 2025 Elevate Honors in the category Growth Honor of the Year at the 2025 Everest Group - Elevate Dallas Conference. The award reflects TCS’ leadership in market-leading, constant-currency revenue growth among publicly listed global service providers with revenues over $5 billion. This recognition is a testament to TCS’ strength in generating organic business growth, operational performance, delivery excellence, and consistent market-leading results, reflecting the company’s performance merit and impact across global markets.
A partner to some of the world’s leading enterprises, TCS believes in building perpetually adaptive enterprises by helping them navigate today’s challenges and prepare for tomorrow’s opportunities. This core philosophy is driving the next-gen solutions, services, products and platforms that TCS builds and innovates. The company recently enhanced its focus on AI by appointing a Chief AI Officer, to further scale its business, capabilities and talent on that front. Additionally, TCS’ comprehensive suite of services in AI, data, enterprise solutions, digital engineering, cloud, and cyber security contributed to a company-wide total contract value of $39.4 billion in FY25. The company’s robust financial performance and commitment to innovation saw its revenues surpass $30 billion in FY25 highlighting its leadership in technology-driven transformation.
Ronak Doshi, Partner, Everest Group, said, “We are proud to launch the Everest Group Elevate Honors recognition program at Elevate in Dallas, September 2025. Elevate Honors recognitions are based on Everest Group’s independent, fact based, analyst-driven research. Honorees are selected based on objective, data-driven analysis and serves as third party validation of high performance and excellence. We congratulate TCS for their recognition in the Growth Honor of the Year (annual revenue > USD 5 billion).”
Everest Group's latest recognition builds on TCS’ recent achievements in 2025. During the year, TCS became the world’s second largest global IT services brand, becoming only the second company in the sector to reach a brand valuation above $20 billion ($21.3 billion) according to Brand Finance. This milestone reflects an impressive 826% growth in brand value over the last 15 years, rising from $2.3 billion in 2010. Fortune Magazine listed TCS as one pf the World’s Most Admired Companies for 2025, and Whitelane Research ranked it first for customer satisfaction in Europe for the twelfth year running.
Nikhil Shahane, Global Head - Analyst Relations, Tata Consultancy Services, said, “We are pleased to receive the Everest Elevate Growth Honor of the Year 2025. This recognition reflects our unwavering commitment to growth, driven by our expertise in AI and Digital Transformation, and the trust our clients place in us to deliver positive business outcomes. At TCS, we continue to invest in innovation, talent, and partnerships that drive meaningful impact across industries, to enable our customers to be perpetually adaptive enterprises.”
Everest Group, a global research and consulting firm, is widely recognised for its in-depth analysis and coverage of IT Services and BPO sectors. The firm specialises in strategic sourcing, talent management, and digital transformation for large enterprises. The Elevate Honors are determined through Everest Group’s independent, analyst-led research, with recipients chosen solely on the basis of performance excellence. Over the past decade, TCS has consistently been named a Leader in several of the Everest Group’s PEAK Matrix® Assessment and ranking reports. The Everest Group Elevate – Dallas 2025 event is the preeminent conference giving leaders in sales, marketing & strategy roles at global business-to-business (B2B) companies the tools, and intelligence to accelerate growth systematically.
Lucy Birch, CMO, Everest Group (right) presents the Growth Honor of the Year Award for 2025 to Abhinav Kumar, CMO, TCS (centre) and Nikhil Shahane, Global Head - Analyst Relations, TCS (left)
With decades of expertise spanning the Banking, Financial Services, and Insurance (BFSI) sector, retail, manufacturing, airline, hospitality, healthcare and life sciences among others, TCS supports the globe’s leading enterprises. A market leader in the BFSI sector, TCS BaNCS for banking processes banking transactions of over 30% of the global population. Two of the world's largest core banking systems run on TCS BaNCS, handling one billion accounts. Six of the global top 10 communications and mobile service providers and eight of the world’s top 10 entertainment companies rely on TCS technology. Further, in the retail sector, TCS works with the world's top 10 retailers.
ABOUT TATA CONSULTANCY SERVICES (TCS)
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service.
Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce of over 600,000 employees in 55 countries and 202 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients – helping them emerge as perpetually adaptive enterprises. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to Artificial Intelligence today.
TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment.
TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2025. For more information, visit www.tcs.com.
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