Tata Consultancy Services Ltd (TCS) is all set to become the world’s third-largest software services provider in fiscal 2018-19.
It aims to plug in the name in the top order of the information technology (IT) outsourcing industry in two years.
It first aims to surpass DXC technology and then the International Business Machines Corp. and Accenture Plc.

TCS showed a hike in its growth rate by 9.6%, or say an additional of $1.82 billion in new business. The total revenue came up to $20.91 billion in the year ended 31 March. Above this, TCS successfully achieved its target to get approx. $15.52 billion as revenue, crossing DXC revenue of around $15.47 billion in business.

TCS recorded its consistently strong performance for over two years. This has attracted many investors to invest in the company's stock. If compared last year's result, TCS's operating margin stood at 25.6%, whereas Accenture and DXC resulted in lower percentage at 14.8% and 14% profitability, respectively.