TCS Q4 FY2022 net profit up by 7.3% to Rs 9,926cr
TCS Q4 FY2022 results : Tata Consultancy Services (TCS) has reported a net profit of INR 9,926 crores for the fourth quarter of the fiscal year 2021-2022 (Q4 FY2022) that ended 31 March 2022, which is an increase of 7.3% year-over-year (YoY), compared to INR 9,246 crores in the same quarter of the previous fiscal year.
In the third quarter of FY2022, the Indian IT services company made a net profit of INR 9,769 crores.
The earnings per share in Q4 FY2022 for Tata Consultancy Services were INR 26.85, an increase of 7.5%, compared to INR 24.97 in the same quarter of the previous fiscal year.
The Indian IT services company had revenue of INR 50,591 crores for the reported quarter, an increase of 15.7% compared to INR 43,705 crores in Q4 FY2021.
TCS Q4 FY2022 net profit up by 7.3% to Rs 9,926cr. Photo courtesy of Rameshng/Wikipedia.org.
For the year ended 31 March 2022 (FY2022), Tata Consultancy Services had a net profit of INR 38,327 crores, an increase of 14.8%, compared to INR 33,388 crores in FY2021.
The FY2022 revenue of Tata Consultancy Services was INR 191,754 crores, an increase of 16.8%, compared to INR 164,177 crores in FY2021.
Rajesh Gopinathan — CEO and Managing Director of Tata Consultancy Services, commenting on TCS Q4 FY2022 results, said: “We are closing FY 22 on a strong note, with mid-teen growth and adding the maximum incremental revenue ever. Increasing participation in our customers’ growth and transformation journeys, and an all-time high order book provide a strong and sustainable foundation for continued growth ahead.”