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 Income
46,132
51,572
53,547
4%
16%
Total Expenses
33,969
38,208
40,771
7%
20%
Profit before tax
12,163
13,364
12,776
-4%
5%
Tax
3,132
3,405
3,257
-4%
4%
Profit after tax
9031
9,959
9,519
-4%
5%
Earnings per share
24.4
26.9
25.9

Data Source: BSE, Company announcements

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