Tata Consultancy Services Ltd.
-18.35 (-0.58%) TCS reports 17% rise in Q1 consolidated net profit
Date: 12-07-2023Tata Consultancy Services (TCS) has reported results for first quarter ended June 30, 2023 (Q1FY24).
Tata Consultancy Services has reported 22.08% rise in its net profit at Rs 10,484 crore for the quarter under review as compared to Rs 8,588 crore for the same quarter in the previous year. Total income of the company increased by 14.54% at Rs 51,765 crore for Q1FY24 as compared Rs 45,195 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 16.82% rise in its net profit at Rs 11,120 crore for the quarter ended June 30, 2023 as compared to Rs 9,519 crore for the same quarter in the previous year. Total income of the company increased by 13.50% at Rs 60,778 crore for Q1FY24 as compared Rs 53,547 crore for the corresponding quarter previous year.