• Tata Consultancy Services (TCS) reported 4% quarter-on-quarter (QoQ) growth in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 16%.
  • Its expenses for the quarter were up by 7% QoQ and 20% YoY.
  • While the net profit decreased by 4% QoQ, it grew by 5% on a YoY basis.
  • The earnings per share (EPS) of TCS stood at 25.9 during Q1FY23.

TCS Financial Statements for Q1FY23:

(Rs, crores) Q4FY21 Q3FY22 Q4FY22 QoQ (%) YoY (%)
Total Income 46,132 51,572 53,547 4% 16%
Total Expenses 33,969 38,208 40,771 7% 20%
Profit before tax 12,163 13,364 12,776 -4% 5%
Tax 3,132 3,405 3,257 -4% 4%
Profit after tax 9031 9,959 9,519 -4% 5%
Earnings per share 24.4 26.9 25.9    

Data Source: BSE, Company announcements

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