TCS result was declare on 13 April 2023 which was degradable as compare to the previous one and Q4 which was like
Tata Consultancy Services is an Indian multinational information technology (IT) services and consulting company. They release quarterly financial results, which can be found on their website under “Investor Relations”
Recent news articles report on TCS’s Q4 results, which showed a 17% YoY increase in revenue from operations
Other articles report on TCS’s Q3 results, which showed an 11% increase in net profit and a 19% increase in revenue
According to the search results, Tata Consultancy Services (TCS) reported its financial results for the quarter ending in April 2023
Is TCS result was bad April 2023?
While TCS reported resilient demand and a strong order book.
its quarterly profit missed analysts’ estimates due to cautious clients curbing technology spending
However, it is not possible to conclude whether TCS’s April 2023 results were “bad” or not, as this is subjective and depends on various factors such as expectations, market conditions, and individual perspectives.
Data previous vs recent
Date 10/01/2023 result
Earnings & revenue
Standardized 29.642 Revenue
Reported 29.64 Reported 578.62B
Estimate 30.108 Estimate 573.32B
Surprise -0.468(1.55%) Surprise 5.294B
Date 13/04/2023
Earnings & revenue
Standardized 31.14 Revenue
Reported 31.14 Reported 591.62B
Estimate 31.06 Estimate 590.07B
Surprise 0.08 (0.26) surprise 1.548B
Tcs results quarter wise
| Qater | Q223 Oct 2023 | Q323 Jan 2023 | Q423 April 2023 |
| Revenue | 55,309cr | 58,229cr | 59,162cr |
| profit | 10,465cr | 10,846cr | 15,792cr |
| Profit in % | 8% | 11% | 15% |
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