TCS Q1FY23 Quarter Results

TCS reported 4% sequential and 16% YoY revenue growth.
  • 08 Jul 2022
  • Tata Consultancy Services (TCS) reported 4% quarter-on-quarter (QoQ) growth in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 16%.
  • Its expenses for the quarter were up by 7% QoQ and 20% YoY.
  • While the net profit decreased by 4% QoQ, it grew by 5% on a YoY basis.
  • The earnings per share (EPS) of TCS stood at 25.9 during Q1FY23.

TCS Financial Statements for Q1FY23:

(Rs, crores) Q4FY21 Q3FY22 Q4FY22 QoQ (%) YoY (%)
Total Income46,13251,57253,5474%16%
Total Expenses33,96938,20840,7717%20%
Profit before tax12,16313,36412,776-4%5%
Tax3,1323,4053,257-4%4%
Profit after tax90319,9599,519-4%5%
Earnings per share24.426.925.9

Data Source: BSE, Company announcements

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