Published 1 year ago

TCS Q3 net profit grows 11 per cent to Rs 10,846 crore; revenue jumps over 19 per cent

Summary by Ground News

Tata Consultancy Services on Monday reported a net profit of €10,883 crore for the third quarter of financial year 2022-23. Revenue from operations jumped 19.1% year-on-year to €58,229 crore. North America and the U.K. led with 15.4% growth.

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Times of India

TCS Q3 profit jumps 11% to Rs 10,846 crore

India's largest software services firm Tata Consultancy Services (TCS) on Monday reported 11% rise in its consolidated net profit for the third quarter (Q3) ended December 31, 2022. The directors of TCS have declared a third interim dividend of Rs 8 and a special dividend of Rs 67 per equity share of Re 1 each of the company.

1 year ago·India

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News18 India

TCS Q3 Net Profit Jumps 11% YoY To Rs 10,846 Crore, Revenue Up 19.1%, Special Dividend Declared

TCS total workforce falls by 2,197 to 6,13,974 during the December 2022 quarter; its revenue rises 19.1 per cent year-on-year to Rs 58,229 crore

1 year ago·India

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Hindustan Times

TCS third-quarter net profit rises 11 per cent to ₹10,846 crore: Report

In a multi-year first, the company reported a marginal decline in its employee base, which had been steadily growing for a long time, but made it clear that this was not due to the demand environment, and said it will hire up to 1.50 lakh people next fiscal.

1 year ago·New Delhi, India

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Live Mint

TCS Q3 Results Live Updates: Net profit rises 11%, revenue grows 19%

TCS Q3 results latest updates: The IT stock closed over 3% higher ahead of its earnings announcement on Monday

1 year ago·New Delhi, India

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Latestly

TCS Q3 Result: Tata Consultancy Services Net Profit Grows 11% to Rs 10,846 Crore; Revenue Jumps Over 19%

Overall revenue grew 19.1 per cent to Rs 58,229 crore for the reporting quarter from Rs 48,885 crore in the year-ago period, the company said, adding in constant currency, the topline growth is 13.5 per cent, and in the dollar terms, it clipped at 8 per cent. TCS Q3 Result: Tata Consultancy Services Net Profit Grows 11% to Rs 10,846 Crore; Revenue Jumps Over 19%.

1 year ago

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Moneycontrol

TCS Q3 result: Net profit rises 11% to Rs 10,883 crore, revenue up 19%

The revenue beat estimates but the profit was below Street expectations. The company also announced a dividend of Rs 75 per share including Rs 67 as a special dividend. The record date for dividends is January 17 and the payment date is February 3, 2022.

1 year ago·India

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