TCS Net Profit Jumps 29% To Rs 9,624 Crore In Second Quarter

TCS net profit surged 28.75% in its second quarter (Q2) profit -- ended on September 30 -- of the current financial year 2021-22 (FY22).

New Delhi:Software exporter Tata Consultancy Services Ltd (TCS) on Friday reported a 28.75% rise in its second quarter (Q2) profit -- ended on September 30 -- of the current financial year 2021-22 (FY22), boosted by a pandemic-led demand for digitisation from businesses.

In a notification to the exchanges, TCS said that its consolidated net profit rose to Rs 9,624 crore against Rs 7,475 crore posted in the same period last year. TCS had reported a profit of Rs 9,008 crore in previous quarter (Q1) ended on June 30.

Consolidated revenue from operations jumped 16.8% to Rs 46,867 crore, compared with Rs 40,135 crore a year earlier.

Also, the Board of Directors has declared an interim dividend of Rs 7 per equity share.