TCS Q3 results

TCS, the global IT services, consulting, and business solutions organization, has recently announced its financial results for the third quarter of FY23. The company has reported strong growth in revenue and profit, driven by continued demand for its digital transformation services.

For the quarter ended December 31, 2022, TCS reported a revenue of ₹63,973 crore, up 5.6% year-over-year. The company's net profit also increased by 12% to ₹12,380 crore.

The growth was driven by strong demand for TCS's digital transformation services, including cloud, data analytics, and artificial intelligence. The company has also seen increased demand for its consulting and business solutions services.

TCS's CEO and Managing Director, Rajesh Gopinathan, said that the company is "very pleased with our performance in Q3." He added that "we continue to see strong demand for our digital transformation services, and we are confident that we are well-positioned to continue to grow our business in the future."

TCS's financial results are a testament to the company's strong execution and its ability to capitalize on the growing demand for digital transformation services. The company is well-positioned to continue its growth in the future.

Here are some of the highlights from TCS's Q3 results:

• Revenue grew by 5.6% year-over-year to ₹63,973 crore
• Net profit increased by 12% to ₹12,380 crore
• Operating margin expanded by 20 basis points to 26.2%
• Order book grew by 15% year-over-year to ₹1,13,398 crore
• Headcount increased by 3.1% to 614,169

Overall, TCS's Q3 results were strong and the company is well-positioned for continued growth in the future.