TCS’ Q2FY24 Quarter Results

TCS’ revenues grew 7.9% YoY
  • 12 Oct 2023
  • TCS reported 0.1% quarter-on-quarter (QoQ) dip in its consolidated revenues for the quarter ended September (Q2FY24). On a year-on-year (YoY) basis, it witnessed a growth of 7.9%.
  • Its expenses for the quarter were down by 0.9% QoQ and up 7.6% YoY.
  • The net profit grew 2.3% QoQ and 8.7% YoY.
  • The earnings per share (EPS) of TCS stood at 31.0 during Q2FY24.

TCS’ Financial Statements for Q2FY24:

(Rs crores) Q2FY23 Q1FY24 Q2FY24 QoQ (%) YoY (%)
Total income
56,274
60,778
60,698
-0.1%
7.9%
Total expenses
42,178
45,789
45,368
-0.9%
7.6%
Profit before tax
14,096
14,989
15,330
2.3%
8.8%
Tax
3,631
3,869
3,950
2.1%
8.8%
Profit after tax
10,465
11,120
11,380
2.3%
8.7%
Earnings per share
28.5
30.3
31.0

Data Source: BSE, Company announcements

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

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