TCS profit rises by 8.72% YoY in Apr-Jun, down 2.89% sequentially

Aided by an all-round growth across various markets, Tata Consultancy Services (TCS) kicked off FY25 with an 8.72 per cent rise in net profit (attributable to shareholders of the company) at Rs 12,040 crore for the first quarter (Q1) ended June 2024 as against Rs 11,074 crore in the same period of last year. However, on a sequential basis, the net profit declined by 2.89 per cent from Rs 12,240 crore in the March 2024 quarter.