π» TCS Q4 Results Are Out: Is It Still the Dhoni of Dalal Street?
π Q4 FY24 Result Declared | π― Market Cap: βΉ13.7 Lakh Crore | π¨π» Shareholders: Millions (yes, literally)
TCS has declared its Q4 FY24 results, and as expected, it didnβt shout. It whispered β politely, predictably, and with zero drama.
But in a world of flashy AI startups, can old-school IT still code its way to your portfolio? Or has this tech giant become just a fixed deposit with a keyboard?
Letβs Ctrl+Alt+Del the noise and break it down.
π Quarterly Results Snapshot
π‘ Metric
π’ Q4 FY24
π― YoY Change
Revenue
βΉ61,237 crore
+3.5%
Net Profit
βΉ12,434 crore
+9.1%
Operating Margin
24.6%
+60 bps
Dividend Declared
βΉ28/share
π° Consistent
Headcount
~601,546
π -13,000 YoY
π§ Translation: TCS is still that student who scores 95% and goes straight home β no parties, no tweets, no crashes.
π£ What Did Management Say vs What They MeantοΈ
π£οΈ CEO K Krithivasan: βWe are seeing good deal momentum across key geographies.β
π Translation: βAmerica stopped sulking, Europe is still ghosting, but BFSI deals are slowly texting back.β
π£οΈ CFO Samir Seksaria: βWe have improved operational efficiency and delivered industry-leading margins.β
π Translation: βWe fired some people, froze hiring, and didnβt