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TCS reports 11% rise in Q3 consolidated net profit

09 Jan 2023 Evaluate

Tata Consultancy Services (TCS) has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a rise of 7.03% in its net profit at Rs 10,659 crore for the quarter under review as compared to Rs 9,959 crore for the same quarter in the previous year. Total income of the company increased 18.02% at Rs 50,833 crore for Q3FY23 as compared to Rs 43,070 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 10.98% in its net profit at Rs 10,883 crore for the quarter under review as compared to Rs 9,806 crore for the same quarter in the previous year. Total income of the company increased 17.29% at Rs 58,749 crore for Q3FY23 as compared to Rs 50,090 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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