TCS Announces Q3'23 Results - Read Top Details

Beating Market Estimates, TCS Posts Positive Q3 Results.

Bumper Q3 FY23

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Investors To Earn More

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Rising Customer Base

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Growth Drivers

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Future Outlook

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TCS Stock Performance

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Beating Market Estimates, TCS Posts Positive Q3 Results.

Find out more on Q3 performance of India's largest software exporter.

Bumper Q3 FY23

TCS Q3 Revenues are up 17% YoY at Rs 58,229 crores. Net profit rises 10% YoY to Rs 10,883 crores.

Investors To Earn More

The company announced a dividend of Rs 75 per share including Rs 67 as a special dividend.

Rising Customer Base

In Q3, TCS added 10 $100 million clients taking the total count of such customers to 58.

Growth Drivers

TCS Q3 earnings growth was propelled by cloud demand and market share gains.

Future Outlook

TCS CEO & MD Rajesh Gopinathan said: “Looking ahead and beyond current uncertainties, our longer-term growth outlook remains robust.”

TCS Stock Performance

In 1-year timeline, TCS Shares have tanked 18%. However, the stock has seen a positive long-term performance.

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