New Delhi: Tata Consultancy Services (TCS) on Thursday announced a Rs 10 per share interim dividend for the first quarter of FY25. TCS’ Q1 performance was better than expected as its consolidated revenue rose 5.4 per cent to Rs 62,613 crore in the June quarter, compared to analysts’ estimates of Rs 62,207 crore.
TCS’ Q1 net profit was down 3.2 per cent quarter-on-quarter to Ra 12,105 crore. Attrition over the last 12 months stood at 12.1 per cent. The IT giant reported a decline in North America revenue while UK revenue was up 6 per cent in constant currency terms.
TCS reported a strong start to the current financial year with all-round growth across industries and markets, said MD and CEO K Krithivasan.
Q1 FY25 Earnings:
Q1 FY25 Revenue: at Rs.62,613 crore; up 5.4% Y-o-Y
Q1 FY25 Revenue: In Constant Currency terms up 4.4% Y-o-Y
Q1 FY25 Revenue at $7,505 million; up 3.9 % Y-o-Y
Q1 FY25 Net Profit at Rs.12,040 crore; up 8.7% Y-o-Y#TCSQ1
— Tata Consultancy Services (@TCS) July 11, 2024
TCS share price history
TCS’ share price was down 0.18 per cent to Rs 3,902 apiece on Thursday.
The company’s share price fell 2.53 per cent in the past 5 days.
TCS’ share price was up 1.30 per cent in the past month
In the past 6 months, TCS’ share price was up 4.46 per cent
The IT giant’s share price was up 19.24 per cent in the past year
IT giant TCS announced a Rs 10 per share interim dividend to shareholders for the first quarter of FY25. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
