Indian multinational information technology and consultancy company, TCS is going to announce its result for the second quarter ended September 30 of FY 2023, on Monday 10 October 2022.
The company will release its quarterly result after market trading hours at 17:30 hrs.
Many analysts believe that the company will maintain its healthy revenue growth and will improve its operating profit margin.
In the same quarter of last year SEP 21, company reported a revenue of 46,867cr.
TCS is expected to report a revenue of around 54,750 -54,900 cr, up by 17% from the same quarter of last year.
TCS will also take into consideration of the second interim dividend of the financial year 2023.
In quarter 1 of FY23 company provided Rs 8 dividend for each share to the shareholder.
Revenue- Tata consultancy services have reported consolidated revenue of 52,758 cr for June 22 quarter, up by 4.28% from the last quarter of March 22.
company is reporting a quarter-on-quarter (QOQ) growth of 4%.
The analyst expects the revenue to grow by 3.5 to 3.8 percent in constant currency term and 1.2 to 1.7 percent in USD terms.
TCS is expected to report 54700 to 54900 cr of revenue for its quarter that ended September 30.
Sharekhan, a brokerage firm expects a q-o-q growth of 3.1 % for its second quarter.
because the brokerage believes that there is a hike and demand for digital services.
whatever will be the case we will notify you on our Telegram channel, Don’t forget to join it.
Operating Profit
as you can look into the picture, TCS is regularly reporting operating profit margin of 27%.
Last quarter of June 2022 company has reported 25.43% as operating profit margin that was almost 2% lower than the previous quarter.
On October 10 TCS is going to report quarterly result of second quarter ended September 30.
It’s very important to keep an eye over operating profit margin of the company.
Net Profit Margin
You are looking into the picture, company net profit margin is almost flat to 20 to 21%.
In last quarter, company reported a net profit of 18% to the sales.
we expect 1 to 2% hike in net profit qoq.
let’s have an eye over the result.
Please visit Maya shares for latest detail update about the result.
