Tata Consultancy Services Q1 Results Live: Profit Rises by 8.72% YOY
Tata Consultancy Services Q1 Results Live: Revenue increased by 5.44% YoY & profit increased by 8.72% YoY
Tata Consultancy Services Q1 Results Live: Tata Consultancy Services declared their Q1 results on 11 Jul, 2024. The topline increased by 5.44% & the profit increased by 8.72% YoY. As compared to the previous quarter, the revenue grew by 2.25% and the profit decreased by 3.17%.
The Selling, general & administrative expenses rose by 4.63% q-o-q & decreased by 1.43% Y-o-Y. The operating income was down by 2.98% q-o-q & increased by 12.32% Y-o-Y.
The EPS is ₹33.26 for Q1 which increased by 9.91% Y-o-Y. Tata Consultancy Services has delivered -2.42% return in the last 1 week, 5.52% return in the last 6 months and 3.91% YTD return.
Currently, Tata Consultancy Services has a market cap of ₹1419629 Cr and 52wk high/low of ₹4254.75 & ₹3257.66 respectively.
As of 12 Jul, 2024, out of 43 analysts covering the company, 2 analysts have given Strong Sell rating, 5 analysts have given Sell rating, 11 analysts have given Hold rating, 19 analysts have given Buy rating & 6 analysts have given Strong Buy rating. The consensus recommendation as on 12 Jul, 2024 was to Buy.
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