TCS Q4 Results: Key Highlights for Quarter Ended March 31, 2022
Strong Financial Performance for the Year
Tata Consultancy Services (TCS) has released its financial results for the fourth quarter of fiscal year 2022-23, showcasing a strong performance with a 9% increase in net profit to Rs 12434 crore compared to the previous quarter.
Financial Highlights
- Net profit: Rs 12434 crore, up 9% year-over-year
- Revenue: Rs 50591 crore, an increase of 15.2% year-over-year
- Operating margin: 25.3%, a marginal decrease from 25.5% in the previous quarter
- Earnings per share: Rs 26.50, a rise of 9.3% year-over-year
Key Operating Figures for FY 2022-23
- Total revenue: Rs 191581 crore, a growth of 16.3% year-over-year
- Net profit: Rs 38268 crore, an increase of 11.5% year-over-year
- Number of employees: 592809, an expansion of 11.3% year-over-year
- Attrition rate: 15.3%, a slight increase from the previous quarter
These results reflect TCS's continued growth and adaptability in the face of ongoing market challenges. The company expects to maintain its positive momentum and deliver strong financial performance in the coming quarters.
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