Tata Consultancy Services Ltd (TCS) net profit jumped 7.3 per cent to Rs 9,959 crore in the January-March quarter and total revenue stood at Rs 51,572 crore as compared to a year ago.
The company had a profit of Rs 9,282 crore and total revenue of Rs 44,636 crore in the corresponding period of last financial year.
Net profit for the October-December quarter stood at Rs 9,806 crore on revenue of Rs 50,090 crore.
“Further, we would like to inform you that in the Board meeting held today, the Directors have recommended a final dividend of Rs.22 for each equity share of Re.1 of the Company, which shall be paid/remitted on the fourth day of winding up. at the 27th Annual General Meeting, subject to the approval of the shareholders of the Company,” TCS reported.
TCS was the first company among Nifty 50 companies to announce its quarterly results.
Ahead of the earnings report, TCS shares closed 0.26 per cent higher at 3696.40 on the BSE, trading between 3656.85 and 3711.25.
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