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12-Jul-2024

Tata Consultancy Services

Net profit up 8.7% YoY to Rs 12040 crore in Q1FY2025

'On consolidated basis

Quarter ended June 2024 compared with Quarter ended March 2024.

Net sales (including other operating income) of Tata Consultancy Services has increased 2.25% to Rs 62613 crore.  

Operating profit margin has declined from 28.03% to 26.61%, leading to 2.92% decline in operating profit to Rs 16,662.00 crore.  Employee cost increased from 57.38% to 58.16%.   Other expenses rose from 14.59% to 15.23%.   Software technology development services cost rose from 2.55% to 3.44%.   

Other income fell 16.85% to Rs 962 crore.  PBIDT fell 3.80% to Rs 17624 crore.  Provision for interest fell 23.45% to Rs 173 crore.  

PBDT fell 3.56% to Rs 17451 crore.  Provision for depreciation fell 2.09% to Rs 1220 crore.  

Profit before tax down 3.67% to Rs 16,231.00 crore.  Share of profit/loss were nil in both the periods.  Provision for tax was expense of Rs 4126 cror...



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