TCS’ Q2FY23 Quarter Results

TCS reported 17% YoY revenue growth
  • 11 Oct 2022
  • TCS reported 5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended September (Q2FY23). On a year-on-year (YoY) basis, it witnessed a growth of 17%.
  • Its expenses for the quarter were up by 3% QoQ and 20% YoY.
  • The net profit grew 10% QoQ and 8% YoY.
  • The earnings per share (EPS) of TCS stood at 28.5 during Q2FY23.

TCS’ Financial Statements for Q2FY23:

(Rs, crores) Q2FY22 Q1FY23 Q2FY23 QoQ (%) YoY (%)
Total Income
47,978
53,547
56,274
5%
17%
Total Expenses
35,009
40,771
42,178
3%
20%
Profit before tax
12,969
12,776
14,096
10%
9%
Tax
3,316
3,257
3,631
11%
9%
Profit after tax
9,653
9,519
10,465
10%
8%
Earnings per share
26.0
25.9
28.5

Data Source: BSE, Company announcements

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