TCS Reports Strong Growth and Brand Value Gain
Unveiling Stellar Financial Performance for Q4 2024
Mumbai, India - April 12, 2024 - Tata Consultancy Services (TCS) has showcased an impressive brand value gain of $2 billion in the past year, the largest increase across industries. As of March 31, 2024, the company has filed a total of 8,040 patents, with 188 new patent applications submitted during the quarter.
Q4 Results Highlight Significant Growth
TCS recently announced its financial results for the fourth quarter of fiscal year 2024 ended March 31. The company reported a 91% increase in its net profit, driven by strong growth in its key business segments. Total revenue increased by 4%, resulting in a net profit of Rs. 11,058 crores.
TCS's share price rallied by 3% on the Bombay Stock Exchange (BSE) to hit a record high, reflecting the market's confidence in the company's performance and growth prospects.
Innovation and Leadership in the Tech Industry
The company's strong financial performance is a testament to its ongoing commitment to innovation and customer satisfaction. With a vast portfolio of patented technologies, TCS remains a leader in the global technology industry.
As TCS continues to grow and expand, it is well-positioned to capitalize on the emerging trends and opportunities in the digital economy.
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