India's largest IT services exporter, Tata Consultancy Services (TCS), reported a marginal dip in its consolidated net profit in the fourth quarter of FY25, a 1.68% fall to ₹12,293 crore.
The tech behemoth had made a profit of ₹12,502 crore during the same period last year. On a sequential level, the net profit fell 1.3%, according to the company's filing with the stock exchanges.
Even as the company's earnings fell, TCS made the deal sweeter for shareholders by announcing a final dividend of ₹30 per equity share for FY25. This is over and above the ₹96 paid out already this fiscal through a mix of three interim dividends and a special dividend. "With this, the aggregate shareholder payout for FY25 will be a whopping ₹44,962 crore," TCS said in its release.
The Board of Directors has proposed a final dividend of ₹30 per equity share of face value ₹1 each. The dividend, pending shareholders' approval at the 30th Annual General Meeting, will be paid or despatched within five working days after the conclusion of the AGM," the company said in the filing.
In the area of revenue, TCS produced consistent growth with operating income going up by 5.3% from one year earlier at ₹64,479 crore for the March quarter versus ₹61,237 crore in Q4 FY24. In the year, revenues amounted to ₹2,55,324 crore, an improvement of 6% from last year. Net profit for the year was ₹48,553 crore.
A strong highlight of the company was the crossing of the $30 billion mark in revenues annually, an important milestone for it on its global path. TCS finished the quarter with a net margin of 19% and booked new orders worth $12.2 billion, driving its book-to-bill ratio to a healthy 1.6.
Before the announcement of results, shares of TCS closed at ₹3,239 on April 9, which was 1.64% lower on the National Stock Exchange (NSE). Markets were closed on April 10 due to Mahavir Jayanti.
Read also| Vodafone Idea Shares Surge 10%, Hit Upper Circuit Limit
Read also| Renault Group to Acquire Nissan’s 51% Stake in India JV
