TCS beats Q4 profit view as deal momentum intact

Posted on:
Key Points

Tata Consultancy Services Ltd. on Wednesday reported a larger-than-anticipated increase in profit for the fourth quarter, as the leading IT exporter in India experienced strong demand for digital services despite challenging macroeconomic conditions...

The company's net profit rose by 14.8% to Rs 11,436 crore ($1.39 billion) in March quarter against Rs 9,959 crore a year ago...

The company said its revenue increased by 16.9% to Rs 59,162 crore in Q4 from Rs 50,591 crore a year ago..

You might be interested in

UPL Q4 Results: Net profit drops 43% YoY to Rs 792 crore; dividend declared at Rs 10/share

08, May, 23

Revenues grew 4% YoY to Rs 16,569 crore. Profit hit by pricing pressure and delayed purchases by channel in the post-patent space

Stocks in news: L&T, Dr Reddy’s, Apollo Tyres, Nazara Tech, SpiceJet

10, May, 23

The fast moving consumer goods major is seen reporting a double-digit growth in the consolidated net profit for the March quarter, on the back of a similar growth in the topline.

PTC India Q1 Results: Net profit rises 5.62% to ₹143 crore

12, Aug, 23

The consolidated net profit of the company stood at ₹135.10 crore in the quarter ended on June 30, 2022.

Stocks to Watch: Power Finance, Tata Power, Lupin, Raymond, HAL, Bata India

09, Nov, 23

Adani Ports, Apollo Hospitals, Dhanlaxmi Bank, Samvardhan Mothersons, Muthoot Finance, Aurobindo Pharma, Page Industries, and SJVN will be among the stocks to watch on Thursday as they will be declaring their quarterly earnings report

Tata Power net profit rises to Rs 1,017 crore in Q2

08, Nov, 23

India Business News: NEW DELHI: Tata Power on Wednesday posted a 9 per cent rise in its consolidated net profit to Rs 1,017.

Stock Market LIVE: Sensex, Nifty to start on sluggish note; SGX Nifty in red

27, Apr, 23

Share Market LIVE Updates: Benchmark indices will come under pressure at the start on Thursday as SGX Nifty is trading in the red. Wall Street had a mixed with NASDAQ ending in green but other major indices dragged. Asian markets were trading lower in the morning session.

Stocks in news: Infosys, TCS, Wipro, Polycab, LIC

12, Jan, 24

TCS reported a 2% year-on-year growth in consolidated net profit for the quarter to Rs 11,058 crore, and revenue increased 4% to Rs 60,583 crore.

BEL Q2FY24 results: Net profit jumps 32.9% YoY, total income rises 3.55%

28, Oct, 23

Q2 results today: The Goverbment of India-owned company has reproted a net profit of ₹812.3 crore in July to September 2023 quarter

At 16.9k crore, SBI posts highest quarterly profit

05, Aug, 23

India Business News: MUMBAI: State Bank of India has reported its highest-ever quarterly net profit of Rs 16,884 crore for April-June 2023.

DMart's Q2 2023-24 net profit slips 9.09% YoY to Rs 623.35 crore, but revenue surges

14, Oct, 23

The company's consolidated net profit for this period was Rs 623.35 crore, marking a 9.09 percent decrease from the Rs 685.71 crore recorded in the same quarter last year.