Results

TCS Smashes Expectations in Q4 Results: Net Profit Surges, EBIT Margin Soars

TCS outperforms predictions with a massive profit boost in the latest quarter results. Dive into the details below!

In a spectacular turn of events, TCS has stunned investors and experts alike with its exceptional performance in the Q4 results for FY24. The IT giant posted a staggering 9% increase in net profit, reaching an impressive ₹12240 crore. This growth far exceeded market expectations and solidified TCS's position as a leader in the industry. Not stopping there, the company also declared a dividend of Rs 28 per share, rewarding its shareholders for their trust and confidence.

Moreover, TCS showcased its resilience and strategic prowess with a remarkable 3.5% YoY growth in consolidated sales, hitting Rs 61237 crore. The post-earnings presser further highlighted the success story, with key executives emphasizing the quarter's strong deals and flawless execution. This exceptional performance cements TCS's reputation as a powerhouse in the IT sector, setting a high bar for its competitors to strive towards.

On another exciting note, the BIEAP announced the much-anticipated Inter 1st & 2nd Year Results 2024, creating a buzz among candidates awaiting their exam outcomes. With the need for exam identification numbers and date of birth, students can now access their results and celebrate their achievements. Concurrently, the stock market anticipates the Q4 results of Suzlon Energy and Inox Wind, generating intrigue and excitement among investors as they await the financial updates from these renewable energy companies.

As the dust settles on the latest financial reports, the success of TCS in surpassing estimates stands out as a monumental achievement. The company's EBIT margin hitting a 12-quarter high showcases its consistent growth and business acumen. Similarly, the announcement of AP Inter Results 2024 adds to the season of academic victories, highlighting the hard work and dedication of students in Andhra Pradesh.