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TCS Crosses Rs 10,000 Cr Quarterly Net Profit

TCS Crosses Rs 10,000 Cr Quarterly Net Profit

Tata Consultancy Services reported a consolidated net profit of Rs 10,465 crore for the quarter ended September 2022, registering an 8.41 percent year-on-year (YoY) growth from Rs 9,653 crore logged in the corresponding quarter of the previous year. Kicking off the earnings season for the information technology sector, the country's largest IT services provider said sequentially, the profit rose 9.93 percent. TCS said the revenue from operations grew by 18.01 percent YoY to Rs 55,309 crore compared to Rs 46,867 crore in the same quarter last year. Sequentially, revenue grew 4.83 percent. Watch Siddharth Zarabi, Managing Editor, Business Today TV in conversation with N. Ganapathy Subramaniam, Chief Operating Officer & Executive Director, TCS.