TCS
Tata Consultancy Services, the Tata Group’s IT company, has declared an interim dividend to shareholders along with its financial results for the April-June quarter of FY2025. The company’s board has decided to pay an interim dividend of Rs 10 with a face value of Rs 1 per share, the company told the stock exchange.
The dividend will be paid on Monday, August 5th. Its record date is 20 July 2024. Shareholders whose names appear in the register of members of the company or in the records of the depositories as the owners of the shares till this date shall be entitled to receive the dividend.
Tata Consultancy Services’ consolidated total income for the April-June quarter stood at Rs 63,575 crore on a year-on-year basis, as against Rs 60,778 crore a year ago. 12,105 crore in consolidated net profit for the quarter on a year-on-year basis. 11,120 crore in the June 2023 quarter.
Shares of Tata Consultancy Services closed at Rs 3922.70 on BSE with a marginal gain of 0.33 per cent on July 1. The stock opened higher at Rs 3944.65 in the morning on Thursday. It touched an intra-day high of Rs.3979.90 and a low of Rs.3895.70. The market cap of the company is 14.19 lakh crores.
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TCS is a leading global IT services company with a strong presence in India, North America, and Europe. The company has a market capitalization of over ₹11 lakh crore and is one of the most valuable companies in India.
#TCS on Thursday declared an interim dividend of Rs 10 per share for the financial year 2024-25.https://t.co/FUwdOaJVBG
— ETMarkets (@ETMarkets) July 11, 2024
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