TCS’ Q3FY24 Quarter Results

TCS’ revenue grew 1.2% sequentially
  • 12 Jan 2024
  • TCS reported 1.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended December (Q3FY24). On a year-on-year (YoY) basis, it witnessed a growth of 4.6%.
  • Its expenses for the quarter were up by 0.6% QoQ and 3.5% YoY.
  • The net profit de-grew 2.5% QoQ and grew 2% YoY.
  • The earnings per share (EPS) of TCS stood at 30.3 during Q3FY24.

TCS’ Financial Statements for Q3FY24:

(Rs crores) Q3FY23 Q2FY24 Q3FY24 QoQ (%) YoY (%)
Total income
58,749
60,698
61,445
1.2%
4.6%
Total expenses
44,105
45,368
45,658
0.6%
3.5%
Profit before tax
14,644
15,330
15,787
3.0%
7.8%
Tax
3,761
3,950
3,732
-5.5%
-0.8%
Profit after tax
10,883
11,380
11,097
-2.5%
2.0%
Earnings per share
29.6
31.0
30.3

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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