Tata Consultancy Services Ltd. (TCS) Q4FY24 Result First Cut – Promising growth led by deal wins and efficient management

Revenue rose 1.1% QoQ / 2.5% YoY in rupee terms to Rs. 61,237 crores, marginally below market estimates of Rs. 61,451 crores. This growth can be attributed to a strong rise in Indian revenue (up 37.9%), a revival in the UK business (up 6.2%), and the Regional markets vertical (up 9.7%). EBIT grew 5% QoQ and 9.9% YoY to Rs.

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