TCS garnered a net profit attributable to shareholders at ₹10,431 crore in Q1FY23 up by 8.4% yoy and 10.-5% qoq.Consolidated revenue from operations came in at ₹55,309 crore rising by 18.01% yoy and 4.84% qoq.
Tech giant, Tata Consultancy Services (TCS) crossed the ₹10,000 crore mark in terms of profitability during the second quarter of FY23. Sequentially, TCS earnings improved. The company garnered a net profit attributable to shareholders at ₹10,431 crore in Q1FY23 up by 8.4% yoy and 10.-5% qoq. Consolidated revenue from operations came in at ₹55,309 crore rising by 18.01% yoy and 4.84% qoq. During the quarter, TCS posted growth across industry verticals and in major markets. Also, its order book stays strong. Post Q2 results, TCS shares are expected to trade neutral tomorrow.
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