1 hr ago
TCS Reports 15% Profit Growth in September Quarter
Tata Consultancy Services, or TCS, shared its results for the three months ending in September.
The company made Rs 13,884 crore in net profit.
That was 15% more than it made in the same period last year.
Its revenue also grew, reaching Rs 73,188 crore.
The company spent Rs 55,887 crore on expenses during the quarter.
TCS added 4,258 workers, bringing its workforce to 5,98,056.
Before the results were announced, its shares ended lower on the BSE.
Tata Consultancy Services reported net profit of Rs 13,884 crore for the September quarter, up 15% from a year earlier.
Revenue from operations rose 11.22% year on year to Rs 73,188 crore in July-September.
Overall expenses increased to Rs 55,887 crore, compared with Rs 49,463 crore a year earlier.
TCS added 4,258 employees on a net basis, taking its workforce to 5,98,056 as of September 30.
TCS shares closed 0.42% lower at Rs 2,075.25 on the BSE before the results; the benchmark fell 1.44%.
- Who
- Tata Consultancy Services (TCS), India’s largest IT services company.
- What
- Reported September-quarter net profit of Rs 13,884 crore, up 15% year on year, and revenue of Rs 73,188 crore, up 11.22%.
- Where
- India; the shares were traded on the BSE.
- When
- The July-September quarter; the results were reported on Thursday. Workforce figures were as of September 30.
- Why
- The company reported its quarterly financial performance; the articles do not state a specific reason for the profit and revenue increases.
Key facts
- Net profit
- Rs 13,884 crore, up 15% year on year
- Revenue from operations
- Rs 73,188 crore, up 11.22% year on year
- Overall expenses
- Rs 55,887 crore
- Net profit a year earlier
- Rs 12,075 crore
- Net profit in preceding quarter
- Rs 13,349 crore
- Net employee additions
- 4,258
- Workforce as of September 30
- 5,98,056
- Share price before results
- Closed 0.42% lower at Rs 2,075.25 on the BSE
Sources
Related news
TCS Q2 Net Profit Rises 4% to Rs 13,884 Crore
TCS Reports Q2 FY27 Profit of ₹13,884 Crore
TCS Q2 Results: Five Numbers Investors Will Watch
TCS Q2 Results Preview: Analysts Weigh Growth, Dividends and Shares
TCS Shares Rise Ahead of Q2 Results as Experts Weigh Outlook
Analysts Expect TCS Margin Expansion Despite Modest Growth
TCS Declares ₹12 Second Interim Dividend for FY27
Adani Power Shares Fall as Analysts Flag Key Support Levels
Senco Gold Shares Jump After Strong Second-Quarter Business Update
