TCS reports consolidated PAT of Rs. 11058 crores in Q3 FY2023-24

Tata Consultancy Services Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 61445 crores during the period ended December 31, 2023 as compared to Rs. 60698 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 11058 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 11342 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 30.29 for the period ended December 31, 2023 as compared to Rs. 31 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 61445 crs	₹60698 crs	1.23%
Net Profit	₹11058 crs	₹11342 crs	-2.50%
EPS	₹30.29	₹31	-2.29%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 61445 crores during the period ended December 31, 2023 as compared to Rs.58749 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.11058 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.10846 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.30.29 for the period ended December 31, 2023 as compared to Rs.29.64 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 61445 crs	₹58749 crs	4.59%
Net Profit	₹11058 crs	₹10846 crs	1.95%
EPS	₹30.29	₹29.64	2.19%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.182921 crores during the 9 Months period ended December 31, 2023 as compared to Rs.168570 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.33474 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.30755 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.91.55 for the 9 Months period ended December 31, 2023 as compared to Rs.84.05 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹182921 crs	₹168570 crs	8.51%
Net Profit	₹33474 crs	₹30755 crs	8.84%
EPS	₹91.55	₹84.05	8.92%

Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3713.70 as compared to the previous close of Rs. 3690.15. The total number of shares traded during the day was 99268 in over 8875 trades.

The stock hit an intraday high of Rs. 3730.00 and intraday low of 3688.00. The net turnover during the day was Rs. 368410235.00.

Source : Equity Bulls

Keywords

TCS Q3FY24 9MFY24 ResultUpdate TataConsultancyServices