TCS Limited Q1 results show revenue up from 60,337 crores to 60,778 crores, a 0.73% increase in growth. EPS down from ₹31.14 to ₹30.26, down by -2.79%.
First, Let’s Begin with Quarter-on-Quarter Basis:
TCS shared its Q1 results on Wednesday. They earned 60,778 crores in revenue this quarter, but that’s more than the 60,337 crores they made last quarter. The company’s growth increased by 0.73 percent when comparing the two quarters.
In terms of profits, the company’s Consolidated PAT (Profit After Tax) for this quarter was 11,074 crores, down from 11,392 crores in the previous quarter. Their quarter-to-quarter growth decreased by -2.79 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹30.26, which is a decrease of -2.83% from the ₹31.14 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 60,778 crores this year (2023), which is 13.50 percent higher than last year’s total revenue of 53,547 crores.
This year’s PAT (Profit After Tax) is 11,074 crores, which is also 16.84% higher than last year’s PAT of 9,478 crores.
The EPS (Earnings Per Share) for this year is ₹30.26, which is 16.83% more than the EPS of ₹25.90 earned last year.
TCS Share Dividend Announcement / Record Date:
The Board of Directors has declared an Interim Dividend of ₹9 per Equity Share of Face Value of ₹1 each of the Company.
About TCS :
Tata Consultancy Services (TCS) is a multinational company based in Mumbai, Maharashtra, India. It specializes in providing information technology services and consulting. As a subsidiary of the Tata Group, TCS Limited has a presence in 150 locations spanning 46 countries. In July 2022, it was reported that TCS employed more than 600,000 individuals globally.
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