TCS Q1 Results: IT firm's net profit up 9% YoY; final dividend of Rs 10 proposed

4 months ago 18

TCS Q1 FY25 results: India's largest IT services provider has reported a 9% year-on-year rise in consolidated net profit to Rs 12,105 crore.

TCS approved a dividend of Rs 10 for Q1 FY25.

New Delhi,UPDATED: Jul 11, 2024 16:28 IST

Tata Consultancy Services on Thursday reported a consolidated net profit of Rs 12,105 crore in the first quarter of FY25, marking a 9% increase over the Rs 11,120 crore in the corresponding period a year ago.

The revenue for the June quarter stood at Rs 62,613 crore, up 5.4% from Rs 59,381 crore in the same quarter a year ago.

"We would like to inform you that at the Board Meeting held today, the Directors have declared an interim dividend of Rs 10 per Equity Share of Rs 1 each of the Company," said TCS in an exchange filing.

The interim dividend will be distributed on Monday, August 5, 2024, to the company's equity shareholders whose names are listed in the depositories' records as of Saturday, July 20, 2024, which is the designated record date.

Published On:

Jul 11, 2024

Article From: www.indiatoday.in

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