Shares of Tata Consultancy Services were trading flat with a negative bias. The IT bellwether reports its Q1 earnings today.
Financial Snapshot
The following table presents a summary of the consolidated quarterly financial performance of Tata Consultancy Services:
| Heading | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 61,237.00 Crore | Rs 62,613.00 Crore | Rs 64,259.00 Crore | Rs 63,973.00 Crore | Rs 64,479.00 Crore |
| Net Profit | Rs 12,502.00 Crore | Rs 12,105.00 Crore | Rs 11,955.00 Crore | Rs 12,444.00 Crore | Rs 12,293.00 Crore |
| EPS | 34.37 | 33.28 | 32.92 | 34.21 | 33.79 |
The revenue for Tata Consultancy Services has increased from Rs 61,237 Crore in March 2024 to Rs 64,479 Crore in March 2025. Similarly, the net profit has decreased from Rs 12,502 Crore to Rs 12,293 Crore during the same period. The EPS has also seen a slight decrease from 34.37 to 33.79.
The following table presents a summary of the consolidated yearly financial performance of Tata Consultancy Services:
| Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 164,177.00 Crore | Rs 191,754.00 Crore | Rs 225,458.00 Crore | Rs 240,893.00 Crore | Rs 255,324.00 Crore |
| Net Profit | Rs 32,562.00 Crore | Rs 38,449.00 Crore | Rs 42,303.00 Crore | Rs 46,099.00 Crore | Rs 48,797.00 Crore |
| EPS | 86.71 | 103.62 | 115.19 | 125.88 | 134.19 |
| BVPS | 235.43 | 245.48 | 249.20 | 252.26 | 261.76 |
| ROE | 37.52 | 42.99 | 46.61 | 50.73 | 51.24 |
| Debt to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
The revenue for Tata Consultancy Services has steadily increased from Rs 164,177.00 Crore in 2021 to Rs 255,324.00 Crore in 2025. Similarly, the net profit has risen from Rs 32,562.00 Crore to Rs 48,797.00 Crore during the same period. The EPS has also shown consistent growth, increasing from 86.71 to 134.19.
Yearly Income Statement
The table below shows the yearly income statement (consolidated) for Tata Consultancy Services.
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 255,324 Crore | Rs 240,893 Crore | Rs 225,458 Crore | Rs 191,754 Crore | Rs 164,177 Crore |
| Other Income | Rs 3,962 Crore | Rs 4,422 Crore | Rs 3,449 Crore | Rs 4,018 Crore | Rs 3,134 Crore |
| Total Income | Rs 259,286 Crore | Rs 245,315 Crore | Rs 228,907 Crore | Rs 195,772 Crore | Rs 167,311 Crore |
| Total Expenditure | Rs 193,159 Crore | Rs 182,540 Crore | Rs 171,221 Crore | Rs 143,301 Crore | Rs 122,914 Crore |
| EBIT | Rs 66,127 Crore | Rs 62,775 Crore | Rs 57,686 Crore | Rs 52,471 Crore | Rs 44,397 Crore |
| Interest | Rs 796 Crore | Rs 778 Crore | Rs 779 Crore | Rs 784 Crore | Rs 637 Crore |
| Tax | Rs 16,534 Crore | Rs 15,898 Crore | Rs 14,604 Crore | Rs 13,238 Crore | Rs 11,198 Crore |
| Net Profit | Rs 48,797 Crore | Rs 46,099 Crore | Rs 42,303 Crore | Rs 38,449 Crore | Rs 32,562 Crore |
Quarterly Income Statement
The table below shows the quarterly income statement (consolidated) for Tata Consultancy Services.
| Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 64,479 Crore | Rs 63,973 Crore | Rs 64,259 Crore | Rs 62,613 Crore | Rs 61,237 Crore |
| Other Income | Rs 1,028 Crore | Rs 1,243 Crore | Rs 729 Crore | Rs 962 Crore | Rs 1,157 Crore |
| Total Income | Rs 65,507 Crore | Rs 65,216 Crore | Rs 64,988 Crore | Rs 63,575 Crore | Rs 62,394 Crore |
| Total Expenditure | Rs 48,878 Crore | Rs 48,316 Crore | Rs 48,794 Crore | Rs 47,171 Crore | Rs 45,319 Crore |
| EBIT | Rs 16,629 Crore | Rs 16,900 Crore | Rs 16,194 Crore | Rs 16,404 Crore | Rs 17,075 Crore |
| Interest | Rs 227 Crore | Rs 234 Crore | Rs 162 Crore | Rs 173 Crore | Rs 226 Crore |
| Tax | Rs 4,109 Crore | Rs 4,222 Crore | Rs 4,077 Crore | Rs 4,126 Crore | Rs 4,347 Crore |
| Net Profit | Rs 12,293 Crore | Rs 12,444 Crore | Rs 11,955 Crore | Rs 12,105 Crore | Rs 12,502 Crore |
Cash Flow
The table below presents the cash flow data for Tata Consultancy Services.
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Operating Activities | Rs 48,908 Crore | Rs 44,338 Crore | Rs 41,965 Crore | Rs 39,949 Crore | Rs 38,802 Crore |
| Investing Activities | Rs -2,318 Crore | Rs 6,026 Crore | Rs 39 Crore | Rs -897 Crore | Rs -8,129 Crore |
| Financing Activities | Rs -47,438 Crore | Rs -48,536 Crore | Rs -47,878 Crore | Rs -33,581 Crore | Rs -32,634 Crore |
| Others | Rs 174 Crore | Rs 65 Crore | Rs 509 Crore | Rs 159 Crore | Rs 173 Crore |
| Net Cash Flow | Rs -674 Crore | Rs 1,893 Crore | Rs -5,365 Crore | Rs 5,630 Crore | Rs -1,788 Crore |
Balance Sheet
The table below presents the balance sheet data for Tata Consultancy Services.
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Share Capital | Rs 362 Crore | Rs 362 Crore | Rs 366 Crore | Rs 366 Crore | Rs 370 Crore |
| Reserves & Surplus | Rs 94,394 Crore | Rs 90,127 Crore | Rs 90,058 Crore | Rs 88,773 Crore | Rs 86,063 Crore |
| Current Liabilities | Rs 53,001 Crore | Rs 46,104 Crore | Rs 43,558 Crore | Rs 42,351 Crore | Rs 34,155 Crore |
| Other Liabilities | Rs 11,872 Crore | Rs 9,856 Crore | Rs 9,669 Crore | Rs 10,024 Crore | Rs 10,171 Crore |
| Total Liabilities | Rs 159,629 Crore | Rs 146,449 Crore | Rs 143,651 Crore | Rs 141,514 Crore | Rs 130,759 Crore |
| Fixed Assets | Rs 22,739 Crore | Rs 19,336 Crore | Rs 19,891 Crore | Rs 20,716 Crore | Rs 20,149 Crore |
| Current Assets | Rs 123,012 Crore | Rs 112,984 Crore | Rs 110,270 Crore | Rs 108,310 Crore | Rs 99,280 Crore |
| Other Assets | Rs 13,878 Crore | Rs 14,129 Crore | Rs 13,490 Crore | Rs 12,488 Crore | Rs 11,330 Crore |
| Total Assets | Rs 159,629 Crore | Rs 146,449 Crore | Rs 143,651 Crore | Rs 141,514 Crore | Rs 130,759 Crore |
| Contingent Liabilities | Rs 4,009 Crore | Rs 3,419 Crore | Rs 2,388 Crore | Rs 2,298 Crore | Rs 1,821 Crore |
Ratios
The following table presents key financial ratios for Tata Consultancy Services.
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 86.71 | 103.62 | 115.19 | 125.88 | 134.19 |
| Diluted EPS (Rs.) | 86.71 | 103.62 | 115.19 | 125.88 | 134.19 |
| Book Value /Share (Rs.) | 235.43 | 245.48 | 249.20 | 252.26 | 261.76 |
| Dividend/Share (Rs.) | 38.00 | 43.00 | 115.00 | 73.00 | 126.00 |
| Face Value | 1 | 1 | 1 | 1 | 1 |
| Gross Profit Margin (%) | 30.26 | 29.76 | 27.81 | 28.52 | 27.95 |
| Operating Margin (%) | 27.78 | 27.36 | 25.58 | 26.45 | 25.89 |
| Net Profit Margin (%) | 19.83 | 20.05 | 18.76 | 19.13 | 19.11 |
| Return on Networth / Equity (%) | 37.52 | 42.99 | 46.61 | 50.73 | 51.24 |
| ROCE (%) | 47.21 | 52.91 | 57.63 | 63.51 | 62.01 |
| Return On Assets (%) | 24.80 | 27.08 | 29.33 | 31.34 | 30.41 |
| Current Ratio (X) | 2.91 | 2.56 | 2.53 | 2.45 | 2.32 |
| Quick Ratio (X) | 2.91 | 2.56 | 2.53 | 2.45 | 2.32 |
| Debt to Equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratios (X) | 77.99 | 72.80 | 80.50 | 88.33 | 89.66 |
| Asset Turnover Ratio (%) | 1.18 | 1.41 | 1.58 | 1.66 | 1.67 |
| Inventory Turnover Ratio (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3 Yr CAGR Sales (%) | 15.48 | 14.42 | 19.85 | 21.13 | 15.39 |
| 3 Yr CAGR Net Profit (%) | 12.17 | 10.37 | 14.18 | 18.98 | 12.66 |
| P/E (x) | 36.65 | 36.09 | 27.83 | 30.79 | 26.87 |
| P/B (x) | 13.60 | 15.35 | 12.98 | 15.54 | 13.77 |
| EV/EBITDA (x) | 23.49 | 23.67 | 18.55 | 20.28 | 18.08 |
| P/S (x) | 7.16 | 7.14 | 5.20 | 5.84 | 5.11 |
Corporate Actions
Tata Consultancy Services has announced several corporate actions, including dividends and bonus issues.
Dividends:
Bonus Issues:
Tata Consultancy Services stock is currently trading lower, with a Moneycontrol analysis indicating very bearish sentiment.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.