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
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