TCS Q4 results date 2023: When will the Tata group IT giant kick off the corporate earnings season?

TCS Q4 results date: Tata Consultancy Services (TCS) — the Tata group giant which is India's largest IT company — is all set to report its financial results soon. Here's the date you need to mark on your calendar to catch the Tata group company's earnings report for the quarter ended March 2023.

TCS Q4 results date: When will Tata Consultancy Services, the Tata group IT major, report its financial results for the January-March 2023 period? Read on to know. | Image: Reuters

TCS Q4 results date: Tata Consultancy Services (TCS) — the Tata group giant which is India's largest IT company — is all set to kick off the corporate earnings season in India soon. Investors will closely look out for the TCS earnings report, for the final three months of the financial year gone by, to assess what to expect in the rest of the country's IT space.

The Q4 results of Mumbai-based TCS come at a time when IT firms are scrambling to protect their margins as higher employee costs continue to eat into their profitability despite robust demand.

TCS Q4 results: When will the Tata group IT giant report its financial results for January-March 2023?

TCS will report its financial results for the three-month period on April 12, according to a regulatory filing.

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Will TCS also announce a dividend?

The TCS board will consider a final dividend for the year at its 28th annual general meeting, it said.

TCS results: How did the IT major fare in the October-December 2022 period?

TCS reported a sequential increase of four per cent in net profit to Rs 10,846 crore for the October-December period and 5.3 per cent growth in revenue to Rs 58,229 crore.

According to Zee Business research, the IT major was estimated to report a quarterly net profit of Rs 11,270 crore and revenue of Rs 57,280 crore.

TCS said its revenue in dollar terms crossed the $7 billion mark.

According to Zee Business research, the IT firm's revenue in dollars was pegged at $6,970 million for the three-month quarter. Read more on TCS Q3 results

TCS share price: Here's how the TCS stock has fared so far in 2023

As of April 3, TCS shares have lost 2.5 per cent of their value on a year-on-year basis, still better than a 4.7 per cent fall in the Nifty headline index.

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