On January 9, IT giant Tata Consultancy Services Ltd. announced a consolidated net profit of Rs 12,380 crore, a 12% increase over the Rs 11,058 crore it recorded a year earlier.
From Rs 60,583 crore in Q3FY24 to Rs 63,973 crore in Q3FY25, the company’s revenue increased by 6%. The net profit of the IT major increased by 4% on a sequential basis.
The company announced a special dividend of Rs 66 per equity share of Re 1 each, in addition to a third interim payment of Rs 10. According to TCS in a stock market, the dividend’s record date is January 17 and its payout date is February 3.