Tata Consultancy Services (TCS) shares gained 1.03 per cent to reach ₹4,309.70 on Monday morning, following the IT major’s robust third-quarter performance announced last week. The company declared a special dividend of ₹66 per share along with an interim dividend of ₹10 per share.
For the quarter ended December 31, 2024, TCS reported a consolidated net profit of ₹12,444 crore, representing a 12.1 per cent increase compared to ₹11,097 crore in the same quarter last year. The company’s revenue from operations grew 5.6 per cent to ₹63,973 crore.
The IT services giant maintained steady performance across key verticals, with Banking, Financial Services and Insurance (BFSI) remaining the largest segment, contributing ₹23,481 crore to the quarterly revenue. The operating margin stood at 25 per cent for Q3.
The board’s decision to declare a total dividend of ₹76 per share signals strong cash flow generation and reinforces the company’s commitment to shareholder returns. The company maintains its position as one of India’s largest IT services exporters.
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