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IndiaTCS Q4 Results reported net profit of Rs 9,926 crore fourth quarter,...

TCS Q4 Results reported net profit of Rs 9,926 crore fourth quarter, ₹ 22 per share declared dividend

TCS Q4 Results: TCS registered a net profit of Rs 9,926 crore with a growth of 7.4 per cent in the fourth quarter.

TCS Q4 Results: The country’s leading IT company Tata Consultancy Services (TCS) on Monday released its fourth quarter results. The company reported a net profit of Rs 9,926 crore in the fourth quarter, up 7.4 per cent year-on-year. TCS had reported a net profit of Rs 9769 crore in the third quarter.

The company’s revenue also grew by 15.8 percent to Rs 50,591 crore in the fourth quarter.

Many analysts were expecting TCS to have a net income of over Rs 10,000 crore and revenues to cross Rs 50,000 crore this quarter.

TCS closed the financial year 2022 with a bang. For the first time, annual revenue of US $ 25 billion crossed Rs 1,91,754 crore with a growth of 16.8 per cent. At the same time, the company’s annual net profit also increased by 14.8 percent to Rs 38,327 crore.

The company has announced a dividend of Rs 22 per share to its shareholders.

TCS said in its quarterly results that the company has brought a record 35,209 employees with it in the fourth quarter. With this, the total number of employees of the company has increased to 5,92,195. During the entire financial year, the company employed a record 1,03,549 employees.

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