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TCS Reports 7.3% Rise In March Quarter Net Profit To Rs 9,959 Crore

Tata Consultancy Services Ltd (TCS) reported a 7.3 per cent rise in internet revenue to Rs 9,959 crore within the January-March quarter and complete income of 51,572 crore from a 12 months earlier.

The firm had reported a revenue of Rs 9,282 crore and complete income of Rs 44,636 crore within the corresponding interval of the earlier monetary 12 months. 

In the October-December quarter, internet revenue stood at Rs 9,806 crore on income of Rs 50,090 crore.

“Further, we would like to inform you that at the Board Meeting held today, the Directors have recommended a Final Dividend of Rs 22 per Equity Share of Rs 1 each of the Company which shall be paid/dispatched on the fourth day from the conclusion of the 27th Annual General Meeting, subject to approval of the shareholders of the Company,” reported TCS.

TCS was the primary among the many Nifty 50 corporations to announce its quarterly outcomes.

Ahead of the earnings report, TCS shares rose 0.26 per cent to finish at 3696.40 on the BSE, with trades ranging between 3656.85 and 3711.25.

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