TCS Q3 Revenue is at Rs. 48885 Cr. It is In Line with Estimates

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IT Giant TCS declared its Q3 FY22 results. Its Revenue stood at Rs. 48885 Cr. It was 4.31% more than that of Q2 FY22. Its revenue in dollar terms was at $ 6524 million.

It said its revenue in constant currency terms was up by 4% sequentially. It also said that it will achieve double digit growth in FY22.

Its operating profit rose by 1.98% to Rs. 12237 Cr. Its Net profit rose by 1.51% to Rs. 9769 Cr.

It declared an interim dividend of Rs. 7 per share.

It bagged new deals of $ 7.6 billion. It won deals worth around $ 23.3 billion in last 9 months of FY22. 

Its total number of clients stood at 58. It added 10 new $ 100-million clients. 

However, its Q3 FY22 attrition rose to 15.3% from 11.9% of Q2 FY22.

Raghuveer Jandhyala

Editor, Tax Concept. I have written on market, finance, management, and technology.

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