Tata Consultancy Services (TCS) chairman N Chandrasekaran, at the 26th Annual General Meeting (AGM), on Thursday had said that the company saw over 3,000% return on their investment since company's listing in 2004. TCS paid ₹16,000 crore alone via a buyback. Moreover, India's leading IT services firm returned 95% of free cash flow to the shareholders in the last financial year. Chandrasekaran also said the group supports a slew of sporting activities like athletics, hockey and football, and will continue to do so. The company's revenue grew 9.4% to ₹43,705 crore from ₹39,946 crore in the corresponding period last fiscal, it added.

Source: Mint June 12, 2021 14:15 UTC