The growth in Q1 FY25 is accompanied by an increase in revenue from operations, which stood at Rs 39,315 crore
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Q1 FY25 EBIT expanded to 15 per cent and order inflow was recorded at USD 1.4 billion
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The company reported revenue of Rs 28,057 crore, a marginal decline of 1.6 per cent quarter-on-quarter (QoQ)
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This points to an increase from the USD 900 million reported in the previous quarter
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With this latest increase, TCS now employs a total of 6,06,998 people
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The top Indian IT player’s revenue from operations climbed to Rs 62,613 crore, showing a 5.4 per cent growth compared to Rs 59,381 crore reported in the corresponding quarter of the previous year
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The company expects an operating profit of 10.4 trillion won (USD 7.54 billion) for the quarter ending 30 June, a decent rise from 670 billion won during the same period last year.
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The driving force behind Nvidia’s exceptional performance is its datacentre division, which brought in USD 22.6 billion in revenue last quarter
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For the full fiscal year FY24, Redington reported revenues of Rs 89,610 crore, reflecting 13 per cent YoY growth, with a PAT of Rs 1,219 crore
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This growth in profitability is complemented by a notable growth in revenue from operations, which stood at Rs 950.7 crore, up from Rs 849.7 crore in Q4 FY23
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