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