TCS Q4 results | Net profit rises 7% YoY to Rs 9,926 crore, revenue grows to Rs 50,591 crore
Closing FY22 on strong note, added maximum incremental revenue ever: Rajesh Gopinathan
Analysts say the company's margins are likely to be flat to slightly negative on QoQ basis due to supply side pressures and high employee costs.
India’s largest IT services company and the second most valuable firm, on April 11 reported a consolidated net profit of Rs 9,926 crore for the fourth quarter ended March 2022, registering a 7 percent on-year growth. On a sequential basis, the growth in profit is 2 percent.
The company recorded its highest ever order book TCV (total contract value) of $11.3 billion during the quarter, taking the total deal TCV value to $34.6 billion for FY22.