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Tata Consultancy Services Ltd. Q2 FY2024 results: revenue ₹59,692 crore, up 7.9% on the year

Tata Consultancy Services Ltd. (TCS) reported consolidated revenue from operations of ₹59,692 crore for Q2 FY2024, the quarter ended 30 September 2023, up 7.9% on the same quarter a year earlier. Profit after tax was ₹11,380 crore, up 8.7% on the year, and earnings per share ₹31.00. The figures are the company's own, from the audited results it filed with NSE on 11 October 2023.

Revenue from operations₹59,692 croreup 7.9%
Profit after tax₹11,380 croreup 8.7%
EPS₹31.00
QuarterQ2 FY2024ended 30 September 2023

The quarter, against the one before and a year earlier

LineQ2 FY2024Quarter beforeA year earlierChange on the year
Revenue from operations59,692n/an/an/a
Other income1,006n/an/an/a
Total income60,698n/an/an/a
Cost of materials consumed0n/an/an/a
Purchases of stock-in-trade0n/an/an/a
Changes in inventories0n/an/an/a
Employee benefit expense35,123n/an/an/a
Finance costs159n/an/an/a
Depreciation, depletion and amortisation1,263n/an/an/a
Other expenses8,823n/an/an/a
Total expenses45,368n/an/an/a
Profit before exceptional items and tax15,330n/an/an/a
Exceptional items0n/an/an/a
Profit before tax15,330n/an/an/a
Current tax3,955n/an/an/a
Deferred tax-5n/an/an/a
Total tax3,950n/an/an/a
Profit after tax11,380n/an/an/a
Attributable to owners of the parent11,342n/an/an/a
Other comprehensive income-218n/an/an/a
Total comprehensive income11,162n/an/an/a
EPS, basic₹31.00n/an/an/a
EPS, diluted₹31.00n/an/an/a

₹ crore except per share.

Quarterly results, the last 12 quarters

Q2 FY2024Q3 FY2024Q4 FY2024Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026Q1 FY2027
Sales59,69260,58361,23762,61364,25963,97364,47963,43765,79967,08770,69872,275
Expenses45,36845,65845,54547,34448,95648,55049,10548,11849,46350,73653,09355,231
Operating profit15,74616,38817,16416,66216,73117,03416,98016,87517,97818,26919,27618,556
OPM %26%27%28%27%26%27%26%27%27%27%27%26%
Other income1,0068621,1579627291,2431,0281,6608671,1187571,568
Interest159230226173162234227195229538265273
Depreciation1,2631,2331,2461,2201,2661,3771,3791,3611,4131,3801,4061,239
Exceptional items0-958000000-1,135-3,3910-668
Profit before tax15,33014,82916,84916,23116,03216,66616,40216,97916,06814,07818,36217,944
Tax %26%25%26%25%25%25%25%25%25%24%25%25%
Net profit11,38011,09712,50212,10511,95512,44412,29312,81912,13110,72013,78413,420
EPS in ₹₹31.00₹30.29₹34.37₹33.28₹32.92₹34.21₹33.79₹35.27₹33.37₹29.45₹37.92₹36.90
FilingNSENSENSENSENSENSEFilingFilingFilingFilingFilingFiling

₹ crore except per share, consolidated, as filed with the exchange. Operating profit is sales less the expenses other than interest and depreciation, OPM is that over sales, and tax % is tax over profit before tax: arithmetic on the filed lines; everything else is as filed. Quarters before December 2024 are from the exchange's earlier results feed, which carries the filed lines without the filing itself; the column links to the exchange's page for the company.

Source

Audited consolidated results for the quarter ended 30 September 2023, filed with NSE on 11 October 2023: the result statement. All of Tata Consultancy Services Ltd.'s results: NSE company page.

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