{"id":154812,"date":"2023-10-11T11:47:10","date_gmt":"2023-10-11T15:47:10","guid":{"rendered":"https:\/\/44.250.171.167\/?p=154812"},"modified":"2023-10-11T11:47:11","modified_gmt":"2023-10-11T15:47:11","slug":"tata-consultancy-services-ltd-q1fy24-17-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tata-consultancy-services-ltd-q1fy24-17-rise-in-profits\/","title":{"rendered":"Tata Consultancy Services Ltd Q1FY24; 17% rise in Profits"},"content":{"rendered":"\n<p>Tata Consultancy Services is the flagship company and a part of Tata group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world&#8217;s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p>Tata Consultancy Services Ltd reported Revenues for Q1FY24 of \u20b959,381.00 Crores up from \u20b952,758.00 Crore year on year, a rise of 12.55%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b945,789.00 Crores up from \u20b940,771.00 Crores year on year, a rise of 12.31%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b911,120.00 Crores up 16.82% from \u20b99,519.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b930.26, up 16.83% from \u20b925.90 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-839x1024.png\" alt=\"\" class=\"wp-image-154813\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Consultancy Services is the flagship company and a part of Tata group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world&#8217;s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":154813,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,8],"tags":[8588,9124,9050],"class_list":["post-154812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-technology-stocks","tag-consulting","tag-software-technology-services","tag-technology-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":166308,"url":"https:\/\/alphastreet.com\/india\/tata-consultancy-services-ltd-reports-a-12-rise-in-q3fy25-profits\/","url_meta":{"origin":154812,"position":0},"title":"Tata Consultancy Services Ltd reports a 12% rise in Q3FY25 Profits","author":"Chirag Gupta","date":"January 9, 2025","format":false,"excerpt":"Tata Consultancy Services is the flagship company and a part of Tata group. 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