In Q4FY23, TCS posted a consolidated net profit of ₹11,392 crore, up by 14.76% compared to a profit of ₹9,926 crore in Q4 of the previous fiscal. While consolidated revenue of ₹59,162 crore, rising by 16.94% from ₹50,591 crore in Q4 of the previous fiscal.
Sensex and Nifty 50 gained by nearly a percent tracking strong global cues. The focus has shifted towards RBI s monetary policy and fourth-quarter earnings season. Midcap and smallcap stocks saw a turnaround and snapped their previous days losing streak in the current week.