TATA CONSULTANCY SERVICES LIMITED

Registered Office: 9th Floor, Nirmal Building, Nariman Point, Mumbai 400 021
CIN: L22210MH1995PLC084781
Tel: +91 22 6778 9595 e-mail: investor.relations@tcs.com Website: www.tcs.com

Audited Consolidated Statement of Financial Results

(` crore)
Three month period ended Year ended
March 31, December 31, March 31, March 31, March 31,
2023 2022 2022 2023 2022

Revenue from opera ti ons 59,162 58,229 50,591 2,25,458 1,91,754

Other i ncome 1,175 520 981 3,449 4,018
TOTAL INCOME 60,337 58,749 51,572 2,28,907 1,95,772
Expenses
Empl oyee benefi t expens es 33,687 32,467 28,353 1,27,522 1,07,554
Cos t of equi pment a nd s oftwa re l i cences 620 643 260 1,881 1,163
Fi na nce cos ts 272 160 245 779 784
Depreci a ti on a nd a morti s a ti on expens e 1,286 1,269 1,217 5,022 4,604
Other expens es 9,081 9,566 8,133 36,796 29,980
TOTAL EXPENSES 44,946 44,105 38,208 1,72,000 1,44,085
PROFIT BEFORE TAX 15,391 14,644 13,364 56,907 51,687
Tax expense
Current ta x 4,079 3,820 3,590 14,757 13,654
Deferred ta x (124) (59) (185) (153) (416)
TOTAL TAX EXPENSE 3,955 3,761 3,405 14,604 13,238
PROFIT FOR THE PERIOD 11,436 10,883 9,959 42,303 38,449
OTHER COMPREHENSIVE INCOME (OCI)
Items that will not be reclassified subsequently to profit or loss
Remea s urement of defi ned empl oyee benefi t pl a ns (15) 87 247 350 261
Net cha nge i n fa i r va l ues of i nves tments i n equi ty s ha res (2) - (4) (2) (4)
ca rri ed a t fa i r va l ue through OCI
Income tax on items that will not be reclassified subsequently to 23 (20) 12 (75) 19
profit or loss
Items that will be reclassified subsequently to profit or loss
Net cha nge i n fa i r va l ues of i nves tments other tha n 41 56 (268) (679) (516)
equi ty s ha res ca rri ed a t fa i r va l ue through OCI
Net cha nge i n i ntri ns i c va l ue of deri va ti ves des i gna ted a s 102 (247) (209) (25) (37)
ca s h fl ow hedges
Net cha nge i n ti me va l ue of deri va ti ves des i gna ted a s 99 (115) 13 32 (34)
ca s h fl ow hedges
Excha nge di fferences on tra ns l a ti on of fi na nci a l s ta tements 151 981 197 655 20
of forei gn opera ti ons
Income tax on items that will be reclassified subsequently to profit or (60) 64 138 236 196
loss

TOTAL OTHER COMPREHENSIVE INCOME / (LOSSES) 339 806 126 492 (95)
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 11,775 11,689 10,085 42,795 38,354
Profit for the period attributable to:
Sha rehol ders of the Compa ny 11,392 10,846 9,926 42,147 38,327
Non-control l i ng i nteres ts 44 37 33 156 122
11,436 10,883 9,959 42,303 38,449
Other comprehensive income for the period attributable to:
Sha rehol ders of the Compa ny 351 751 144 493 (63)
Non-control l i ng i nteres ts (12) 55 (18) (1) (32)
339 806 126 492 (95)
Total comprehensive income for the period attributable to:
Sha rehol ders of the Compa ny 11,743 11,597 10,070 42,640 38,264
Non-control l i ng i nteres ts 32 92 15 155 90
11,775 11,689 10,085 42,795 38,354
Pa i d up equi ty s ha re ca pi ta l (Fa ce va l ue: `1 per s ha re) 366 366 366 366 366
Total reserves (including Non-controlling interests) 90,840 89,480

Ea rni ngs per equi ty s ha re:- Ba s i c a nd di l uted ( `) 31.14 29.64 26.85 115.19 103.62

Dividend per share (Par value `1 each)

Interi m di vi dend on equi ty s ha res (`) - 75.00 - 91.00 21.00
Fi na l di vi dend on equi ty s ha res (`) 24.00 - 22.00 24.00 22.00
Tota l di vi dend on equi ty s ha res (`) 24.00 75.00 22.00 115.00 43.00
Tota l equi ty di vi dend percenta ge 2,400 7,500 2,200 11,500 4,300
 TATA CONSULTANCY SERVICES LIMITED
Audited Consolidated Segment Information
(` crore)
Three month period ended Year ended
March 31, December 31, March 31, March 31, March 31,
2023 2022 2022 2023 2022

SEGMENT REVENUE
Ba nki ng, Fi na nci a l Servi ces a nd Ins ura nce 22,628 22,145 19,532 86,127 75,126
Ma nufa cturi ng 5,550 5,428 4,951 21,236 18,610
Reta i l a nd Cons umer Bus i nes s 9,773 9,661 8,209 37,506 30,715
Communi ca ti on, Medi a a nd Technol ogy 9,696 9,753 8,475 37,653 31,874
Li fe Sci ences a nd Hea l thca re 6,585 6,354 5,416 24,605 20,462
Others 4,930 4,888 4,008 18,331 14,967
Total 59,162 58,229 50,591 2,25,458 1,91,754
SEGMENT RESULT
Ba nki ng, Fi na nci a l Servi ces a nd Ins ura nce 5,869 5,848 5,242 22,345 20,174
Ma nufa cturi ng 1,522 1,481 1,491 5,842 5,602
Reta i l a nd Cons umer Bus i nes s 2,575 2,521 2,217 9,636 8,534
Communi ca ti on, Medi a a nd Technol ogy 2,889 2,796 2,499 10,667 9,518
Li fe Sci ences a nd Hea l thca re 1,831 1,767 1,603 6,894 6,139
Others 1,088 1,140 793 3,875 3,090
Total 15,774 15,553 13,845 59,259 53,057
Una l l oca bl e expens es 1,558 1,429 1,462 5,801 5,388
Operating income 14,216 14,124 12,383 53,458 47,669
Other i ncome 1,175 520 981 3,449 4,018
PROFIT BEFORE TAX 15,391 14,644 13,364 56,907 51,687

Note: The a s s ets a nd l i a bi l i ti es of the Group a re us ed i ntercha ngea bl y a mongs t s egments . Al l oca ti on of s uch a s s ets a nd l i a bi l i ti es i s
not pra cti ca bl e a nd a ny forced a l l oca ti on woul d not res ul t i n a ny mea ni ngful s egrega ti on. Hence, a s s ets a nd l i a bi l i ti es ha ve not been
i denti fi ed to a ny of the reporta bl e s egments .
 TATA CONSULTANCY SERVICES LIMITED
Audited Consolidated Balance Sheet
(` crore)
As at As at
March 31, 2023 March 31, 2022
ASSETS
Non-current assets
Property, pl a nt a nd equi pment 10,230 10,774
Ca pi ta l work-i n-progres s 1,234 1,205
Ri ght-of-us e a s s ets 7,560 7,636
Goodwi l l 1,858 1,787
Other i nta ngi bl e a s s ets 867 1,101
Fi na nci a l a s s ets
Inves tments 266 223
Tra de recei va bl es
Bi l l ed 149 145
Unbi l l ed 199 55
Loa ns 173 311
Other fi na nci a l a s s ets 2,149 2,253
Income ta x a s s ets (net) 2,583 1,983
Deferred ta x a s s ets (net) 3,307 3,708
Other a s s ets 2,806 2,023
Total non-current assets 33,381 33,204
Current assets
Inventori es 28 20
Fi na nci a l a s s ets
Inves tments 36,897 30,262
Tra de recei va bl es
Bi l l ed 41,049 34,074
Unbi l l ed 8,905 7,736
Ca s h a nd ca s h equi va l ents 7,123 12,488
Other ba l a nces wi th ba nks 3,909 5,733
Loa ns 1,325 6,445
Other fi na nci a l a s s ets 1,319 1,390
Income ta x a s s ets (net) 8 11
Other a s s ets 9,707 10,151
Total current assets 1,10,270 1,08,310
TOTAL ASSETS 1,43,651 1,41,514
EQUITY AND LIABILITIES
Equity
Sha re ca pi ta l 366 366
Other equi ty 90,058 88,773
Equity attributable to shareholders of the Company 90,424 89,139
Non-control l i ng i nteres ts 782 707
Total equity 91,206 89,846
Liabilities
Non-current liabilities
Fi na nci a l l i a bi l i ti es
Lea s e l i a bi l i ti es 6,203 6,368
Other fi na nci a l l i a bi l i ti es 353 572
Empl oyee benefi t obl i ga ti ons 536 677
Deferred ta x l i a bi l i ti es (net) 792 590
Unea rned a nd deferred revenue 1,003 1,110
Total non-current liabilities 8,887 9,317
Current liabilities
Fi na nci a l l i a bi l i ti es
Lea s e l i a bi l i ti es 1,485 1,450
Tra de pa ya bl es 10,515 8,045
Other fi na nci a l l i a bi l i ti es 9,068 7,687
Unea rned a nd deferred revenue 3,843 3,635
Other l i a bi l i ti es 4,892 8,392
Provi s i ons 345 1,411
Empl oyee benefi t obl i ga ti ons 4,065 3,810
Income ta x l i a bi l i ti es (net) 9,345 7,921
Total current liabilities 43,558 42,351
TOTAL EQUITY AND LIABILITIES 1,43,651 1,41,514
Select explanatory notes to the Statement of Audited Standalone Financial Results for three month period and year ended March 31, 2023

1. These results have been prepared on the basis of the consolidated audited financial statements for the year ended March 31, 2023
and the consolidated audited condensed interim financial statements upto the end of the third quarter, which are prepared in
accordance with the Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015. These results have been
reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on April 12, 2023. The statutory auditors
have expressed an unmodified audit opinion on these results.

2. Consolidated Statement of Cash flows is attached in Annexure I.

3. The Board of Directors at its meeting held on April 12, 2023, has proposed a final dividend of `24.00 per equity share.
4. The results for three month period and year ended March 31, 2023, are available on the BSE Limited website
(URL: www.bseindia.com), the National Stock Exchange of India Limited website (URL: www.nseindia.com) and on the Company’s
website (URL: www.tcs.com/investors).

For and on behalf of the Board of Directors

Mumbai Rajesh Gopinathan

April 12, 2023 CEO and Managing Director
Annexure I
TATA CONSULTANCY SERVICES LIMITED
Audited Consolidated Statement of Cash Flows
(` crore)
Year ended
March 31, March 31,
2023 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Profit for the year 42,303 38,449
Adjustments for:
Depreci a ti on a nd a morti s a ti on expens e 5,022 4,604
Ba d debts a nd a dva nces wri tten off, a l l owa nce for doubtful tra de recei va bl es a nd a dva nces (net) 140 135
Ta x expens e 14,604 13,238
Net (ga i n) / l os s on l ea s e modi fi ca ti on 2 (7)
Net l os s on s ub-l ea s e - 9
Unrea l i s ed forei gn excha nge ga i n (189) (120)
Net ga i n on di s pos a l of property, pl a nt a nd equi pment (26) (23)
Net ga i n on di s pos a l / fa i r va l ua ti on of i nves tments (224) (198)
Interes t i ncome (3,248) (2,663)
Di vi dend i ncome (15) (4)
Fi na nce cos ts 779 784
Operating profit before working capital changes 59,148 54,204
Net change in
Inventori es (8) (12)
Tra de recei va bl es
Bi l l ed (6,501) (4,210)
Unbi l l ed (1,182) (934)
Loa ns a nd other fi na nci a l a s s ets 261 (116)
Other a s s ets (25) 807
Tra de pa ya bl es 2,036 186
Unea rned a nd deferred revenue 39 (103)
Other fi na nci a l l i a bi l i ti es 1,417 1,153
Other l i a bi l i ti es a nd provi s i ons (254) 460
Cash generated from operations 54,931 51,435
Ta xes pa i d (net of refunds ) (12,966) (11,486)
Net cash generated from operating activities 41,965 39,949

CASH FLOWS FROM INVESTING ACTIVITIES

Ba nk depos i ts pl a ced (4,548) (15,947)
Inter-corpora te depos i ts pl a ced (8,293) (14,619)
Purcha s e of i nves tments (1,29,745) (75,374)
Pa yment for purcha s e of property, pl a nt a nd equi pment (2,532) (2,483)
Pa yment i ncl udi ng a dva nces for a cqui ri ng ri ght-of-us e a s s ets (213) (15)
Pa yment for purcha s e of i nta ngi bl e a s s ets (355) (497)
Proceeds from ba nk depos i ts 6,252 11,950
Proceeds from i nter-corpora te depos i ts 13,654 19,498
Proceeds from di s pos a l / redempti on of i nves tments 1,22,687 73,852
Proceeds from s ub-l ea s e recei va bl e 2 3
Proceeds from di s pos a l of property, pl a nt a nd equi pment 37 31
Interes t recei ved 3,080 2,700
Di vi dend recei ved 13 4
Net cash generated from / (used in) investing activities 39 (897)
 TATA CONSULTANCY SERVICES LIMITED
Audited Consolidated Statement of Cash Flows
(` crore)
Year ended
March 31, March 31,
2023 2022
CASH FLOWS FROM FINANCING ACTIVITIES
Repa yment of l ea s e l i a bi l i ti es (1,515) (1,417)
Interes t pa i d (779) (698)
Di vi dend pa i d (41,347) (13,317)
Di vi dend pa i d to non-control l i ng i nteres ts (63) (58)
Tra ns fer of funds to buy-ba ck es crow a ccount - (180)
Tra ns fer of funds from buy-ba ck es crow a ccount 18 162
Expens es for buy-ba ck of equi ty s ha res - (49)
Ta x on buy-ba ck of equi ty s ha res (4,192) -
Buy-ba ck of equi ty s ha res - (18,000)
Adva nce towa rds purcha s e of non-control l i ng i nteres ts - (24)
Net cash used in financing activities (47,878) (33,581)
Net change in cash and cash equivalents (5,874) 5,471
Ca s h a nd ca s h equi va l ents a t the begi nni ng of the yea r 12,488 6,858
Excha nge di fference on tra ns l a ti on of forei gn currency ca s h a nd ca s h equi va l ents 509 159
Cash and cash equivalents at the end of the year 7,123 12,488
Components of cash and cash equivalents
Balances with banks
In current a ccounts 2,114 2,211
In depos i t a ccounts 4,999 10,277
Cheques on ha nd -* -*
Ca s h on ha nd -* -*
Remi tta nces i n tra ns i t 10 -*
7,123 12,488

*Repres ents va l ues l es s tha n `0.50 crore.

 TATA CONSULTANCY SERVICES LIMITED
th
Registered Office: 9 Floor, Nirmal Building, Nariman Point, Mumbai 400 021
CIN: L22210MH1995PLC084781
Tel: +91 22 6778 9595 e-mail: investor.relations@tcs.com Website: www.tcs.com

Audited Standalone Statement of Financial Results

(` crore)
Three month period ended Year ended
March 31, December 31, March 31, March 31, March 31,
2023 2022 2022 2023 2022

Revenue from opera ti ons 49,780 49,275 42,459 1,90,354 1,60,341

Other i ncome 1,433 1,558 1,981 5,328 7,486
TOTAL INCOME 51,213 50,833 44,440 1,95,682 1,67,827
Expenses
Empl oyee benefi t expens es 25,258 24,478 21,343 96,218 81,097
Cos t of equi pment a nd s oftwa re l i cences 463 520 204 1,416 1,010
Fi na nce cos ts 250 136 123 695 486
Depreci a ti on a nd a morti s a ti on expens e 1,008 996 944 3,940 3,522
Other expens es 11,189 10,761 9,200 41,723 31,989
TOTAL EXPENSES 38,168 36,891 31,814 1,43,992 1,18,104
PROFIT BEFORE TAX 13,045 13,942 12,626 51,690 49,723
Tax Expense
Current ta x 3,459 3,438 3,033 12,946 11,931
Deferred ta x (214) (155) (202) (362) (395)
TOTAL TAX EXPENSE 3,245 3,283 2,831 12,584 11,536
PROFIT FOR THE PERIOD 9,800 10,659 9,795 39,106 38,187
OTHER COMPREHENSIVE INCOME (OCI)
Items that will not be reclassified subsequently to profit or loss
Remea s urement of defi ned empl oyee benefi t pl a ns (15) 68 181 54 180
Income tax on items that will not be reclassified subsequently to profit 3 (15) (39) (12) (39)
or loss
Items that will be reclassified subsequently to profit or loss
Net cha nge i n fa i r va l ues of i nves tments other tha n 41 56 (268) (679) (516)
equi ty s ha res ca rri ed a t fa i r va l ue through OCI
Net cha nge i n i ntri ns i c va l ue of deri va ti ves des i gna ted a s 102 (247) (209) (25) (37)
ca s h fl ow hedges
Net cha nge i n ti me va l ue of deri va ti ves des i gna ted a s 99 (115) 13 32 (34)
ca s h fl ow hedges
Income tax on items that will be reclassified subsequently to profit or (60) 64 138 236 196
loss
TOTAL OTHER COMPREHENSIVE INCOME / (LOSSES) 170 (189) (184) (394) (250)
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 9,970 10,470 9,611 38,712 37,937
Pa i d up equi ty s ha re ca pi ta l (Fa ce va l ue: `1 per s ha re) 366 366 366 366 366
Total reserves 74,172 76,807

Earnings per equity s hare:- Bas ic and diluted (`) 26.79 29.13 26.48 106.88 103.24
Dividend per share (Par value `1 each)
Interim dividend on equity s hares (`) - 75.00 - 91.00 21.00
Final dividend on equity s hares (`) 24.00 - 22.00 24.00 22.00
Total dividend on equity s hares (`) 24.00 75.00 22.00 115.00 43.00
Total equity dividend percentage 2,400 7,500 2,200 11,500 4,300
 TATA CONSULTANCY SERVICES LIMITED
Audited Standalone Balance Sheet
(` crore)
As at As at
March 31, 2023 March 31, 2022
ASSETS
Non-current assets
Property, pl a nt a nd equi pment 9,186 9,669
Ca pi ta l work-i n-progres s 1,103 1,146
Ri ght-of-us e a s s ets 5,695 5,837
Inta ngi bl e a s s ets 809 1,018
Fi na nci a l a s s ets
Inves tments 2,405 2,405
Tra de recei va bl es
Bi l l ed 125 90
Unbi l l ed 196 53
Loa ns 3 8
Other fi na nci a l a s s ets 532 626
Income ta x a s s ets (net) 2,115 1,643
Deferred ta x a s s ets (net) 2,464 2,779
Other a s s ets 2,410 1,797
Total non-current assets 27,043 27,071
Current assets
Inventori es 27 19
Fi na nci a l a s s ets
Inves tments 35,738 29,262
Tra de recei va bl es
Bi l l ed 35,534 29,852
Unbi l l ed 7,264 6,250
Ca s h a nd ca s h equi va l ents 1,462 8,197
Other ba l a nces wi th ba nks 3,081 5,495
Loa ns 332 5,653
Other fi na nci a l a s s ets 1,557 1,432
Other a s s ets 7,789 8,032
Total current assets 92,784 94,192
TOTAL ASSETS 1,19,827 1,21,263
EQUITY AND LIABILITIES
Equity
Sha re ca pi ta l 366 366
Other equi ty 74,172 76,807
Total equity 74,538 77,173
Liabilities
Non-current liabilities
Fi na nci a l l i a bi l i ti es
Lea s e l i a bi l i ti es 4,698 4,879
Other fi na nci a l l i a bi l i ti es 340 518
Empl oyee benefi t obl i ga ti ons 95 103
Deferred ta x l i a bi l i ti es (net) 190 129
Unea rned a nd deferred revenue 642 560
Total non-current liabilities 5,965 6,189
Current liabilities
Fi na nci a l l i a bi l i ti es
Lea s e l i a bi l i ti es 961 976
Tra de pa ya bl es
Dues of s ma l l enterpri s es a nd mi cro enterpri s es - -
Dues of credi tors other tha n s ma l l enterpri s es a nd mi cro enterpri s es 13,768 10,082
Other fi na nci a l l i a bi l i ti es 6,948 5,826
Unea rned a nd deferred revenue 2,962 3,013
Other l i a bi l i ti es 3,113 7,033
Provi s i ons 279 1,377
Empl oyee benefi t obl i ga ti ons 3,022 2,844
Income ta x l i a bi l i ti es (net) 8,271 6,750
Total current liabilities 39,324 37,901
TOTAL EQUITY AND LIABILITIES 1,19,827 1,21,263
Select explanatory notes to the Statement of Audited Standalone Financial Results for three month period and year ended March 31, 2023

1. These results have been prepared on the basis of the audited standalone financial statements for the year ended March 31, 2023 and
the audited standalone condensed interim financial statements upto the end of the third quarter, which are prepared in accordance
with the Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015. These results have been reviewed by the
Audit Committee and approved by the Board of Directors at its meeting held on April 12, 2023. The statutory auditors have expressed
an unmodified audit opinion on these results.

2. Audited Standalone Statement of Cash Flows is attached in Annexure A.

3. The Board of Directors at its meeting held on April 12, 2023, has proposed a final dividend of `24.00 per equity share.

4. The results for three month period and year ended March 31, 2023, are available on the BSE Limited website
(URL: www.bseindia.com), the National Stock Exchange of India Limited website (URL: www.nseindia.com) and on the Company’s
website (URL: www.tcs.com/investors).

For and on behalf of the Board of Directors

Mumbai Rajesh Gopinathan

April 12, 2023 CEO and Managing Director
Annexure A
TATA CONSULTANCY SERVICES LIMITED
Audited Standalone Statement of Cash Flows
(` crore)
Year ended Year ended
March 31, March 31,
2023 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Profit for the year 39,106 38,187
Adjustments for:
Depreci a ti on a nd a morti s a ti on expens e 3,940 3,522
Ba d debts a nd a dva nces wri tten off, a l l owa nce for doubtful tra de recei va bl es a nd a dva nces (net) 110 107
Ta x expens e 12,584 11,536
Net (ga i n) / l os s on l ea s e modi fi ca ti on 3 (2)
Net ga i n on s ub-l ea s e (7) -
Unrea l i s ed forei gn excha nge ga i n (185) (119)
Net ga i n on di s pos a l of property, pl a nt a nd equi pment (27) (25)
Net ga i n on di s pos a l / fa i r va l ua ti on of i nves tments (209) (186)
Interes t i ncome (3,046) (2,555)
Di vi dend i ncome (Incl udi ng excha nge i mpa ct) (2,112) (3,554)
Fi na nce cos ts 695 486
Operating profit before working capital changes 50,852 47,397
Net change in
Inventori es (8) (12)
Tra de recei va bl es
Bi l l ed (5,817) (4,761)
Unbi l l ed (1,157) (644)
Loa ns a nd other fi na nci a l a s s ets 192 (152)
Other a s s ets (384) 747
Tra de pa ya bl es 3,686 2,120
Unea rned a nd deferred revenue 31 412
Other fi na nci a l l i a bi l i ti es 1,222 968
Other l i a bi l i ti es a nd provi s i ons (654) 388
Cash generated from operations 47,963 46,463
Ta xes pa i d (net of refunds ) (10,934) (10,336)
Net cash generated from operating activities 37,029 36,127

CASH FLOWS FROM INVESTING ACTIVITIES

Ba nk depos i ts pl a ced (3,528) (14,653)
Inter-corpora te depos i ts pl a ced (7,580) (13,655)
Purcha s e of i nves tments (1,22,721) (70,826)
Pa yment for purcha s e of property, pl a nt a nd equi pment (2,041) (2,147)
Pa yment i ncl udi ng a dva nces for a cqui ri ng ri ght-of-us e a s s ets (94) (13)
Pa yment for purcha s e of i nta ngi bl e a s s ets (340) (457)
Proceeds from ba nk depos i ts 5,930 11,201
Proceeds from i nter-corpora te depos i ts 12,966 18,560
Proceeds from di s pos a l / redempti on of i nves tments 1,15,825 69,451
Proceeds from s ub-l ea s e recei va bl e 5 4
Proceeds from di s pos a l of property, pl a nt a nd equi pment 29 29
Interes t recei ved 2,933 2,594
Di vi dend recei ved from s ubs i di a ri es 1,866 3,554
Net cash generated from investing activities 3,250 3,642
 TATA CONSULTANCY SERVICES LIMITED
Audited Standalone Statement of Cash Flows
(` crore)
Year ended Year ended
March 31, March 31,
2023 2022
CASH FLOWS FROM FINANCING ACTIVITIES
Repa yment of l ea s e l i a bi l i ti es (1,006) (935)
Interes t pa i d (697) (478)
Di vi dend pa i d (41,347) (13,317)
Tra ns fer of funds to buy-ba ck es crow a ccount - (180)
Tra ns fer of funds from buy-ba ck es crow a ccount 18 162
Expens es for buy-ba ck of equi ty s ha res - (49)
Ta x on buy-ba ck of equi ty s ha res (4,192) -
Buy-ba ck of equi ty s ha res - (18,000)
Net cash used in financing activities (47,224) (32,797)
Net change in cash and cash equivalents (6,945) 6,972
Ca s h a nd ca s h equi va l ents a t the begi nni ng of the yea r 8,197 1,112
Excha nge di fference on tra ns l a ti on of forei gn currency ca s h a nd ca s h equi va l ents 210 113
Cash and cash equivalents at the end of the year 1,462 8,197
Components of cash and cash equivalents
Balances with banks
In current a ccounts 776 809
In depos i t a ccounts 686 7,388
Cheques on ha nd -* -*
Ca s h on ha nd -* -*
Remi tta nces i n tra ns i t -* -*
1,462 8,197

*Repres ents va l ues l es s tha n `0.50 crore.