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TCS reports 8% rise in Q2 consolidated net profit

10 Oct 2022 Evaluate

Tata Consultancy Services (TCS) has reported results for second quarter ended September 30, 2022.

The company has reported a fall of 0.92% in its net profit at Rs 10,059 crore for the quarter under review as compared to Rs 10,152 crore for the same quarter in the previous year. However, total income of the company increased by 15.78% at Rs 48,441 crore for Q2FY23 as compared Rs 41,839 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 8.41% in its net profit at Rs 10,465 crore for the quarter under review as compared to Rs 9,653 crore for the same quarter in the previous year. Total income of the company increased by 17.29% at Rs 56,274 crore for Q2FY23 as compared Rs 47,978 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2130.10
Infosys 1040.00
HCL Technologies 1280.30
Wipro 164.95
Tech Mahindra 1558.00
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