TCS’ Q1FY25 Quarter Results
TCS’ revenue grew 1.9% sequentially
- 12 Jul 2024
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- TCS reported 1.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended June (Q1FY25). On a year-on-year (YoY) basis, it witnessed a growth of 4.6%.
- Its expenses for the quarter were up by 3.9% QoQ and 3.4% YoY.
- The net profit de-grew 3.2% QoQ and 8.9% YoY.
- The earnings per share (EPS) of TCS stood at 33.3 during Q1FY25.
TCS’ Financial Statements for Q1FY25
| (Rs crores) | Q1FY24 | Q4FY24 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 60,778 | 62,394 | 63,575 | 1.9% | 4.6% |
Total expenses | 45,789 | 45,545 | 47,344 | 3.9% | 3.4% |
Profit before tax | 14,989 | 16,849 | 16,231 | -3.7% | 8.3% |
Tax | 3,869 | 4,347 | 4,126 | -5.1% | 6.6% |
Profit after tax | 11,120 | 12,502 | 12,105 | -3.2% | 8.9% |
Earnings per share | 30.3 | 34.4 | 33.3 |
Financials
- Revenue at ₹62,613 crore, +5.4% YoY
- Net Income at ₹12,040 crore, +8.7% YoY | Net Margin at 19.2%
- Operating Margin at 24.7%; an expansion of 1.5% YoY
- Net Cash from Operations at ₹11,168 crore, i.e. 92.8% of Net Income
- LTM IT Services attrition rate at 12.1%
- Dividend : ₹10.00 per share
Management Commentary
- Strong start to the fiscal year with broad-based growth.
- Continued focus on client relationships, new technologies, and innovation (AI, IoT labs, expanded delivery centres).
- Strong operating margin performance despite annual wage increases.
- Investment in R&D, talent, and superior return ratios.
Key Highlights
- Expanded partnership with Xerox for cloud-first transformation.
- Collaboration with IIT-Bombay on India's first Quantum Diamond Microchip Imager.
- Launched Bringing Life to Things Lab to prototype AI and IoT solutions rapidly.
- Selected by Burgan Bank to redefine customer experience with a modern core banking solution.
- Established a Global AI Center of Excellence in Paris to focus on brain-machine interface and AI creativity.
Data Source: BSE, Company announcements
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