TCS Q4Fy22 Results: Net Profit Gains 7.3% YoY, Board Recommends Final Dividend Of Rs. 22/Share

TCS results for the last quarter of the Fiscal year have come in line with estimates. Net profit at the IT major has registered a 7.3% yoy gain and for the fourth quarter it has come in at Rs. 9926 crore.

TCS Q4Fy22 Results: Net Profit Gains 7.3% YoY, Board Recommends Final Dividend Of Rs. 22/Share

In the same quarter last year, the company posted net profit at Rs. 9246 crore. Total revenue for the quarter under review also surged 16% YoY to Rs. 50591 crore in comparison to Rs. 43706 crore in the same quarter year ago.

The company further via the filing intimated that the Directors recommend a final dividend of Rs. 22 per share of Rs. 1 each of the Company which shall be
paid/dispatched on the fourth day from the conclusion of the 27 th Annual General Meeting, subject to
approval of the shareholders of the Company

"All verticals grew in the mid to high teens. Growth was led by Retail and CPG (up 22.1 percent), Manufacturing vertical (up 19 percent) and Communications & Media (up 18.7 percent). Technology & Services grew (up 18 percent) and Life Sciences and Healthcare grew (up 16.4 percent) while BFSI grew (up 12.9 percent)," the company said.

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