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TCS Q2 Results Total Income Hits ₹64,988 Crore
TCS Q2 Results Reported Revenue of ₹64,259 crore, with Total Income reaching ₹64,988 crore and Expenses were ₹48,956 crore, resulting in a profit before tax of ₹16,032 crore.
by Ruksana
Updated Oct 14, 2024
Table of Content
TCS Q2 Results
TCS Q2 Results: Revenue is the total money TCS made from its operations. In the last three months, TCS earned ₹64,259 crore, which is more than the ₹62,613 crore earned in the previous three months (June 2024). The total income, which includes other income, was ₹64,988 crore, showing a steady growth.
Expenses are the costs TCS incurred to run its business. The total expenses were ₹48,956 crore in the last three months, slightly higher than ₹47,344 crore in the previous quarter. This includes costs like employee benefits, which were the highest at ₹36,654 crore, and other expenses such as equipment costs and finance costs.
TCS had a profit before tax of ₹16,032 crore. The company had to pay taxes, and the total tax expense was ₹4,077 crore. After taxes, the profit for the period was ₹11,955 crore, showing the company’s profitability.
TCS’ Total comprehensive income, which includes profits and other income, was ₹13,016 crore, indicating a good financial position for TCS.
Here’s a summarized financial report based on the information you provided, organized clearly with key figures and comparisons:
(in Rs. crore)
Particulars |
Three Months Ended |
Six Months Ended |
Year Ended |
September 30, 2024 |
June 30, 2024 |
September 30, 2024 |
|
Revenue from Operations |
64,259 |
62,613 |
2,40,893 |
Other Income |
729 |
962 |
4,422 |
Total Income |
64,988 |
63,575 |
2,45,315 |
Expenses |
|||
- Employee Benefit Expenses |
36,654 |
36,416 |
1,40,131 |
- Cost of Equipment and Software Licenses |
3,230 |
2,151 |
3,702 |
- Finance Costs |
162 |
173 |
778 |
- Depreciation and Amortization Expense |
1,266 |
1,220 |
4,985 |
- Other Expenses |
7,644 |
7,384 |
32,764 |
Total Expenses |
48,956 |
47,344 |
1,82,360 |
Profit Before Exceptional Item and Tax |
16,032 |
16,231 |
62,955 |
Exceptional Item |
- |
- |
958 |
Profit Before Tax |
16,032 |
16,231 |
61,997 |
Tax Expense |
|||
- Current Tax |
4,078 |
4,290 |
15,864 |
- Deferred Tax |
(1) |
(164) |
34 |
Total Tax Expense |
4,077 |
4,126 |
15,898 |
Profit for the Period |
11,955 |
12,105 |
46,099 |
Other Comprehensive Income (OCI) |
|||
- Items not reclassified |
- |
- |
- |
- Items reclassified |
1,061 |
(214) |
237 |
Total Comprehensive Income for the Period |
13,016 |
11,891 |
46,336 |
Profit Attributable to Shareholders |
11,909 |
12,040 |
45,908 |
Paid-up Equity Share Capital |
362 |
362 |
362 |
Total Reserves (including Non-controlling interests) |
90,957 |
Source: Here
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TCS Stock Performance
The table provides important financial details about TCS (Tata Consultancy Services). The market cap is ₹14,95,265 crore, showing the company's overall value in the stock market. The current price of TCS shares is ₹4,133, while the high and low prices in a specific period are ₹4,592 and ₹3,311, respectively. The P/E ratio of 31.1 indicates how much investors are willing to pay for each rupee of earnings. The book value is ₹281, representing the company's net asset value per share. TCS offers a dividend yield of 1.33%, which is the return on investment from dividends.
Here’s the financial information you provided in a clear table format:
Parameter |
Value |
Market Cap |
₹ 14,95,265 Cr. |
Current Price |
₹ 4,133 |
High / Low |
₹ 4,592 / ₹ 3,311 |
Stock P/E |
31.1 |
Book Value |
₹ 281 |
Dividend Yield |
1.33% |
ROCE |
64.3% |
ROE |
51.5% |
Face Value |
₹ 1.00 |
Quarterly Results
The TCS (Tata Consultancy Services) table shows the company's financial performance over three quarters: March 2024, June 2024, and September 2024. In March 2024, TCS earned Rs. 61,237 crores in sales and had expenses of Rs. 44,073 crores, resulting in an operating profit of Rs. 17,164 crores. The profit before tax was Rs. 16,849 crores, leading to a net profit of Rs. 12,502 crores. The earnings per share (EPS) was Rs. 34.37. By June 2024, sales slightly increased to Rs. 62,613 crores, but net profit dropped to Rs. 12,105 crores. In September 2024, sales reached Rs. 64,259 crores, with a net profit of Rs. 11,955 crores.
Here’s the data for March 2024, June 2024, and September 2024:
Particulars |
Mar 2024 |
Jun 2024 |
Sep 2024 |
Sales (Rs. Crores) |
61,237 |
62,613 |
64,259 |
Expenses (Rs. Crores) |
44,073 |
45,951 |
47,528 |
Operating Profit (Rs. Crores) |
17,164 |
16,662 |
16,731 |
OPM (%) |
28% |
27% |
26% |
Other Income (Rs. Crores) |
1,157 |
962 |
729 |
Interest (Rs. Crores) |
226 |
173 |
162 |
Depreciation (Rs. Crores) |
1,246 |
1,220 |
1,266 |
Profit Before Tax (Rs. Crores) |
16,849 |
16,231 |
16,032 |
Tax (%) |
26% |
25% |
25% |
Net Profit (Rs. Crores) |
12,502 |
12,105 |
11,955 |
EPS (Rs.) |
34.37 |
33.28 |
32.92 |
About TCS
Tata Consultancy Services (TCS) is one of the largest IT services companies in the world. Founded in 1968, it is part of the Tata Group, a well-known Indian multinational corporation. TCS provides a variety of services, including software development, consulting, and business solutions. The company operates in many countries and serves clients in different industries, such as banking, healthcare, and retail.
TCS is known for its focus on innovation and technology. It also emphasizes employee training and development. With a strong reputation, TCS plays a key role in India's IT sector and contributes significantly to the country's economy.
TCS Q2 Results - FAQs
1. What was TCS's revenue from operations for Q2 2024?
TCS's revenue from operations for Q2 2024 was ₹64,259 crore.
2. How much did TCS earn in total income for the last quarter?
TCS earned a total income of ₹64,988 crore in the last quarter.
3. What were TCS's total expenses for Q2 2024?
TCS's total expenses for Q2 2024 were ₹48,956 crore.
4. What is the profit before tax for TCS in Q2 2024?
TCS reported a profit before tax of ₹16,032 crore for Q2 2024.
5. How much did TCS pay in taxes for the last quarter?
TCS paid a total tax expense of ₹4,077 crore in the last quarter.
6. What was TCS's net profit for the period ending September 2024?
TCS's net profit for the period ending September 2024 was ₹11,955 crore.
7. What was TCS's total comprehensive income for Q2 2024?
TCS's total comprehensive income for Q2 2024 was ₹13,016 crore.
8. How much did TCS allocate for employee benefit expenses in Q2 2024?
TCS allocated ₹36,654 crore for employee benefit expenses in Q2 2024.
9. How much is TCS's market capitalization?
TCS's market capitalization is ₹14,95,265 crore.
10. How much did TCS report in exceptional items for the last fiscal year?
TCS reported exceptional items of ₹958 crore for the last fiscal year.