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Tata Consultancy Services reports marginal rise in Q3 consolidated net profit

11 Jan 2024 Evaluate

Tata Consultancy Services (TCS) has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 0.88% rise in its net profit at Rs 10,753 crore for the quarter ended December 31, 2023 as compared to Rs 10,659 crore for the same quarter in the previous year. Total income of the company increased by 3.58% at Rs 52,653 crore for Q3FY24 as compared Rs 50,833 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 1.97% rise in net profit at Rs 11,097 crore for Q3FY24 as compared to Rs 10,883 crore for the same quarter in the previous year. Total income of the company increased by 4.59% at Rs 61,445 crore for Q3FY24 as compared Rs 58,749 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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