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VERY PLEASED TO CLOSE Q4, FY24 ON STRONG NOTE, SAYS TCS CEO
April 14, 2024
|The Sunday Guardian
Tata Consultancy Services (TCS) has announced rise in its net profit for the fourth quarter of the fiscal year 2023-24 which is 9 per cent increase in net profit, reaching Rs 12,434 crore compared to Rs 11,392 crore in the same quarter of the previous fiscal year.
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The surge in profits comes amidst a backdrop of consistent efforts in innovation and expansion. As of March 31, TCS has filed a staggering 8,040 patent applications, including 188 during the fourth quarter alone.
The company has been granted 3,919 patents, with 461 granted within the same quarter, underscoring its commitment to research and development.
Despite a relatively stable performance in the stock market, with TCS shares trading almost flat on BSE, the company has seen a yearto-date rise of 4.5 per cent, aligning with the returns of the Nifty 50 index.
هذه القصة من طبعة April 14, 2024 من The Sunday Guardian.
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