TCS Q2 net profit up 14.1 per cent at Rs 9,624 crore

Its revenue grew 16.7 per cent to Rs 46,867 crore for the September 2021 quarter from Rs 40,135 crore in the year-ago period.

Published: 08th October 2021 08:43 PM  |   Last Updated: 08th October 2021 08:43 PM   |  A+A-


Headquarters of Tata Consultancy Services (TCS) in Mumbai (File |Reuters)


NEW DELHI:  India's largest software services firm Tata Consultancy Services (TCS) on Friday reported a 14.1 per cent rise in consolidated net profit to Rs 9,624 crore in the September 2021 quarter.

The company had logged a net profit of Rs 8,433 crore (excluding adjustment) in the year-ago period, TCS said in a regulatory filing.

The net profit excluded Rs 1,218 crore-provision towards a legal claim.

Including this number, the net profit in September 2020 quarter was Rs 7,475 crore.

Its revenue grew 16.7 per cent to Rs 46,867 crore for the September 2021 quarter from Rs 40,135 crore in the year-ago period.

The strong and sustained demand environment is a once-in-a-decade opportunity to position the company as the preferred growth and transformation partner for its customers, TCS CEO and Managing Director Rajesh Gopinathan said.

"We are using the growth tailwind to invest in strengthening relevant capabilities and building out a comprehensive portfolio of offerings that caters to a broader set of stakeholders in the enterprise across business cycles, strengthening our brand, and making our business more resilient.

“We believe this is the most sustainable pathway to create longer-term value for all our stakeholders," he added.

The company has also announced an interim dividend of Rs 7 per share.

“Strong growth and disciplined execution helped us overcome headwinds from currency and supply-side inflation and deliver expanded margins.

Our industry-leading profitability and strong cash conversion give us the wherewithal to make the right investments needed to build out the business of the future," TCS Chief Financial Officer Samir Seksaria said.

The company added 19,690 people (net), taking its headcount to 5,28,748 people.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp