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TCS Q2 Results: PAT rises 9% YoY to Rs 11,342 cr; board approves Rs 17,000 crore share buyback

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Tata Consultancy Services (TCS) on Wednesday reported a 9% year-on-year (YoY) growth in consolidated net profit for the quarter ended September 2023 to Rs 11,342 crore. Consolidated revenue grew nearly 8% YoY to Rs 59,692 crore. The board has recommended a second interim dividend of Rs 9 per share. The board has also approved buyback of shares worth Rs 17,000 crore at Rs 4,150 apiece.

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