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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