TCS Q4 net profit rises 7% to Rs 9,926 cr, revenue surges 16%

The company's board recommended final dividend of Rs 22 per equity share for Q4FY22; India's top IT exporter benefited from a wave of digital transformation sweeping across the globe

The country's largest software services firm, Tata Consultancy Services (TCS), on Monday reported a 7% rise in consolidated net profit to Rs 9,926 crore for the March 2022 quarter. This is against a net profit of Rs 9,246 crore in the year-ago period, TCS said in a regulatory filing. 

The consolidated revenue of the IT major grew 16% to Rs 50,591 crore in the quarter under review from Rs 43,705 crore a year ago, while banking and finance segment revenue rose 11.2% to Rs 19,532 crore, it added. The company crossed the Rs 50,000-crore revenue mark for the first time