TCS profit rises 8.38%, crosses Rs.10,000 cr in Q2

Tata Consultancy Services, India’s largest IT company, has posted an 8.38 per cent rise in net profit at Rs 10,431 crore for the second quarter (Q2) ended September 2022 as against Rs 9,624 crore in the same period a year ago.

Total revenue for the quarter jumped 18 per cent to Rs 55,309 crore from Rs 46,867 crore. While constant currency revenue growth was at 15.4 per cent, order book was at $8.1 billion, TCS said.

Rajesh Gopinathan, MD and CEO, said: “Demand for our services continues to be very strong. We registered strong, profitable growth across all our industry verticals and in all our major markets.