TCS Q1 PAT rises 9% YoY to Rs 12,105 crore

Date:



TCS Q1 FY25 outcomes: Tata Consultancy Services (TCS), India’s largest IT companies supplier, introduced its monetary outcomes for the June quarter on Thursday. The firm reported a consolidated internet revenue of Rs 12,105 crore, which is a 9% improve in contrast to the identical quarter within the earlier monetary yr when it recorded a revenue of Rs 11,120 crore.The PAT surpassed market expectations of round Rs 11,900 crore.
The revenue surpassed market expectations of Rs 11,900 crore. However, on a sequential foundation, the PAT skilled a decline of over 3% in contrast to the Rs 12,502 crore reported by the corporate within the fourth quarter of the monetary yr 2024.
TCS generated income from operations amounting to Rs 62,613 crore, marking a 5.4% improve from the Rs 59,381 crore reported in the identical interval final yr.
The firm’s consolidated working margin for the quarter stood at 24.7%, indicating a year-on-year enlargement of 1.5%. Additionally, the web margin was recorded at 19.2%.
TCS additionally declared an interim dividend of Rs 10 per share for the fiscal yr 2024-25. The firm has set July 20 because the report date to decide the eligibility of shareholders for receiving the dividend, which might be disbursed on August 5.
It is vital to be aware that TCS shares will commerce ex-dividend on or earlier than the report date, which means that the inventory won’t carry the worth of the upcoming dividend cost from that time onwards, mentioned an ET report.
The ex-dividend date is essential because it determines which shareholders are entitled to obtain the dividend.
This story is being up to date…


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Chile Earthquake: 7.3 magnitude quake rattles South American nation

A large earthquake of magnitude 7.3 struck Antofagasta...

Infosys raises FY25 revenue growth forecast to 3-4%

BENGALURU: Infosys's shares surged practically 9% in early...

Rupee: Rupee hits all-time low against dollar due to US-China tensions | India Business News

MUMBAI: The potential return of Donald Trump as...