Tata Consultancy Services Ltd.

Tata Consultancy Services (TCS) has reported results for fourth quarter (Q4) and year ended March 31, 2023.

Tata Consultancy Services has reported marginal rise of 0.05% in its net profit at Rs 9,800 crore for the quarter under review as compared to Rs 9,795 crore for the same quarter in the previous year. Total income of the company increased by 15.24% at Rs 51,213 crore for Q4FY23 as compared Rs 44,440 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported rise of 14.83% in its net profit at Rs 11,436 crore for fourth quarter ended March 31, 2023 as compared to Rs 9,959 crore for the same quarter in the previous year. Total income of the company increased by 17% at Rs 60,337 crore for Q4FY23 as compared Rs 51,572 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 2.41% rise in its net profit at Rs 39,106 crore as compared to Rs 38,187 crore for the previous year. Total income of the company increased by 16.60% at Rs 1,95,682 crore for year under review as compared to Rs 1,67,827 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 10.02% rise in its net profit at Rs 42,303 crore as compared to Rs 38,449 crore for the previous year. Total income of the company increased by 16.93% at Rs 2,28,907 crore for year under review as compared to Rs 1,95,772 crore for year ended March 31, 2022.