TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%

IT major Tata Consultancy Services (TCS) on Friday posted a consolidated net profit of Rs 12,434 crore in the January-March quarter, a rise of over 9 per cent from Rs 11,392 crore a year ago.

Sequentially, the net profit was up 12.44 per cent. In Q3FY24, the net profit of the company was Rs 11,058 crore.

The company announced an interim dividend of Rs 28 per share.

TCS consolidated revenue from operations for Q4FY24 came in at Rs 61,237 crore, compared to Rs 59,162 crore year-on-year (YoY). This is a rise of 3.50 per cent. On a quarter-on-quarter (QoQ) basis, the revenue for operations was down up 1.07 per cent. It was Rs 60,583 crore in Q3FY24.