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 Income47,97853,54756,2745%17%
Total Expenses35,00940,77142,1783%20%
Profit before tax12,96912,77614,09610%9%
Profit after tax9,6539,51910,46510%8%
Earnings per share26.025.928.5

Data Source: BSE, Company announcements

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