i-Lens
Tata Consultancy Services Ltd Share Price
SECTOR : IT - Software | BSE :532540 | NSE : TCS
Aug 10, 2022 04:01 PM
IT Consulting & Software firm Tata Consultancy Services announced Q1FY23 Result :
Rajesh Gopinathan, Chief Executive Officer and Managing Director, said: “We are starting the new fiscal year on a strong note, with all-round growth and strong deal wins across all our segments. Pipeline velocity and deal closures continue to be strong, but we remain vigilant given the macro-level uncertainties. Our new organization structure has settled in nicely, getting us closer to our clients and making us nimbler in a dynamic environment. Looking ahead, we remain confident in the resilience of technology spending and the secular tailwinds driving our growth.”
N Ganapathy Subramaniam, Chief Operating Officer and Executive Director, said: “We are pleased with our execution during the quarter wherein we successfully delivered several transformation programs. The investments we made on people, upskilling efforts and select lateral hiring et al helped manage the talent turnover with minimum impact on our operations. During the quarter, we have resumed in-person meetings, and hosted several clients at our facilities. We are bringing in more of our associates back to our development centres, and it is steadily increasing at all levels. On the sustainability front, we have signed our commitment to SBTi version 5 standards during the quarter and are making steady progress towards our net zero journey with tremendous alignment to this initiative across our associates.”
| Date | Action Type | Ratio |
|---|---|---|
| Jul 14, 2022 | Dividend | 800 |
| May 25, 2022 | Dividend | 2200 |
| Jan 19, 2022 | Dividend | 700 |
Tata Consultancy Services Limited or TCS, as it is commonly known, is an Indian multinational IT consulting and software company that is part of the prestigious Tata Group. The company was founded in 1968 and is headquartered in Mumbai, Maharashtra. Tata Consultancy Services Limited offers a wide range of products and services, such as digital and business solutions that incorporate analytics and insights, automation and artificial intelligence, blockchain, cloud services, cognitive business operations, consulting, cyber security, enterprise applications, IoT and digital engineering, quality engineering, interactive services, and sustainability services.
Tata Consultancy Services is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). On the NSE, it has been assigned the symbol of TCS. On the BSE, it has been allotted the scrip number of 532540. The company has a market capitalisation of Rs. 13.71 lakh crore, making it one of the largest IT consultancy services in the country. The share price of TCS closed at Rs. 3,814.05 on April 5, 2022. In the past year, TCS shares returned 15.49% to its investors.
TCS share price hit a 52-week high at Rs. 4,045.50 and it recorded a 52-week low at Rs. 3,004.80. Tata Consultancy Services shares reported a price-to-earnings ratio of 37.07 as of April 6, 2022. On the same date, the company’s price-to-book ratio was at 0.07.
The company operates in the following segments—Banking, Financial Services and Insurance, Manufacturing, Retail and Consumer Business, Communication, Media and Technology, Lifesciences and Healthcare, and Others. TCS has 147 delivery centres in 21 countries and 285 offices across 46 countries. TCS is the first Indian IT company to make it to the $100 billion club when its market capitalisation breached the threshold in April 2018. It is the second company in India to hold the merit, after Reliance Industries.
For the quarter ended December 31, 2021, TCS reported a total income of Rs. 43,070 crore compared to Rs. 37,053 crore for the same period in the previous year. The company reported a total profit of Rs. 9,959 crore for the December quarter of the financial year 2021. For the same period in the previous year, the company posted a net profit of Rs. 9,242 crore. The earnings per share for the company was Rs. 26.93 for the quarter ended December 31, 2021. For the same period in the previous year, the company reported an earnings per share of Rs. 24.63.
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Nirmal Building, 9th Floor Nariman Point, Mumbai, Maharashtra, 400021
| Tel | : | 91-22-67789595 |
| : | tcs:tata.com/investor.relations:tcs.com | |
| Website | : | http://www.tcs.com |
TSR Consultants P Ltd
| AGM Date (Month) | : | Jun |
| Face Value Equity Shares | : | 1 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 532540 |
| NSE Code | : | TCS |
| Book Closure Date (Month) | : | |
| BSE Group | : | A |
| ISIN | : | INE467B01029 |
