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.

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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
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.

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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.”

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