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TCS Q1 Net Profit Up 8.7%; Expresses Caution About Sustaining Growth in FY25
Despite this, TCS is optimistic that FY25 will outperform the previous year. As the first major IT player to release its earnings for the April-June period, TCS achieved a 5.4% rise in revenue, totaling ₹62,613 crore. CEO K. Krithivasan noted satisfaction with the overall growth but acknowledged challenges in predicting sustainability.
TCS Reports 9% Rise in Q4 Net Profit, Fueled by Indian Operations; Optimistic Outlook for FY25
Throughout the fiscal year, TCS witnessed a commendable 9% surge in net profit, amounting to Rs 45,908 crore, with revenue climbing from Rs 2,25,458 crore to Rs 2,40,893 crore compared to the previous year.
TCS Reports 9% Surge in Q4 Net Profit: Declares Rs 28 per Share Dividend
The company's board sanctioned a final dividend of Rs 28 per share.
TCS Reports Increased Q3 Profit, Announces Rs 27 Interim and Special Dividend
According to a regulatory filing, TCS closed the third quarter of FY24 with a revenue of Rs 60,583 crore, compared to Rs 58,229 crore in Q3FY23. The net profit for the quarter was Rs 11,097 crore, up from Rs 10,883 crore in the same quarter of the previous fiscal year.
TCS clocks higher net profit, to buyback shares at Rs 4,150 per share
The company Board of Directors at their meeting held on Wednesday also approved a proposal to buyback up to 4,09,63,855 (Four crore nine lakh sixty three thousand eight hundred and fifty five) equity shares for an aggregate amount not exceeding Rs 17,000 crore at Rs 4,150 per share.
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