TCS Q3 Results 2024 has been released on Thursday, January 11. The company has shown its potential already to the market. Being a Tata company, it is already considered a quality company. The complete financial report of TCS Q3 results 2024 is available below. The Q3 2023 showed a profit of 11%. While the revenue went up by 19%. The Q2 2024 also had a good profit for the year. It went up by 8.7%. TCS board also approved a dividend for the quarter. Here is the complete details.
TCS Q3 Results 2024 Date, Revenue, Net Profit, Sales Report
TCS Q3 results are released. The Q3 2024 made a net profit of Rs. 11,735 Crore. It is 8.2% growth for the quarter. The revenue of the company was Rs. 60,583 Crore with 4% YoY growth. The profits are slightly more than the previous quarter. Q2 made a profit of Rs. 11,342 Crore. TCS is maintaining its normal pace of growth. It expects to have a slight growth in Q4 2024 in net profit. The share price on the Q3 results has remained normal. It is currently Rs. 3,726.70 per share. The company shares dividend at Rs. 27 per share.
TCS Q2 2024 shows a rise of 8.7% in the net profit. It reached Rs. 11,342 crores for the quarter. There was an approval for dividends and buyback of shares as well. The previous quarter had a buyback of Rs. 17,000 crores with single share pricing at Rs. 4,150. The company bought it at a premium of 15%. The market was also following an uptrend at that time.
TCS’s share price is currently Rs. 3,800 per share. It went up from Rs. 3300 per share in the last six months, giving a growth of 15.07%. The share made a growth of 16.51% in a year. It expects to touch Rs. 4,000 in a year or less. TCS has a market cap of 13.73 Lakhs crore. The share touched its highest of 3929 with its lowest of 3070.25. The quarter 3 results were released on 11th January 2024. We hope you get enough details about TCS q3 2024 updates.