In December 2022 quarter, TCS garnered a net profit of ₹10,846 crore attributable to shareholders on a consolidated basis up by 11.02% YoY and 3.98% QoQ
In Q4FY23, TCS posted a consolidated net profit of ₹11,392 crore, up by 14.76% compared to a profit of ₹9,926 crore in Q4 of the previous fiscal. While consolidated revenue of ₹59,162 crore, rising by 16.94% from ₹50,591 crore in Q4 of the previous fiscal.
The company managed to report double-digit growth in the topline and bottom in Q4FY23. Earlier in the day, shares of the company settled 0.87 per cent up at Rs 3242.10, while the benchmark BSE Sensex closed 0.39 per cent higher at 60392.77. Here are top key takeaways from the IT major’s Q4 earnings.
In FY22 alone, TCS paid a total dividend of 4300% aggregating to ₹43 per equity share. The company s shareholders pay-out stood at ₹38,010 crore up by 12.2% yoy. The pay-out included dividends (including unpaid dividends), buyback, and taxes.
TCS Q4 results: Tata Consultancy Services (TCS) will kick off the March quarter earnings season on April 12, 2023, with investors watching out for the software exporter s commentary on the growth outlook in a depressing macro backdrop. TCS growth outlook, dividend, and other things to watch out for in TCS Q4 results. Watch this Visual Story to know more.