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TCS Reports 12% Profit Growth in Q3; Declares Rs 10 Interim Dividend

share-iconThursday, January 09 comment-icon3 weeks ago 5 views
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indiatimesINDIATIMES
TCS Reports 12% Profit Growth in Q3; Declares Rs 10 Interim Dividend

Credited from: INDIATIMES

  • Tata Consultancy Services (TCS) reported a 12% rise in net profit for Q3 FY25, amounting to Rs 12,380 crore.
  • The company's revenue reached Rs 63,973 crore, reflecting a 5.6% increase from the previous year, yet fell short of market expectations.
  • Alongside the profit report, TCS declared an interim dividend of Rs 10 and a special dividend of Rs 66 per share.
  • CEO K Krithivasan praised the company's strong Total Contract Value (TCV) performance, indicating positive long-term growth prospects.
  • The company also noted recovery signs in the BFSI and CBG sectors, and emphasized ongoing investments in AI and upskilling.

For the full article, visit Times of India.

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A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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