TCS Q2 Results: TCS declares second interim dividend of Rs 10/share, sets October 18 as record date
Indian IT bellwether Tata Consultancy Services (TCS) on Thursday announced a second interim dividend of Rs 10 per share and has set November 5, 2024, as the date for payment of the dividend. The record date has been fixed on October 18, 2024.
The dividend was announced after market hours along with the company’s Q2FY25 earnings. India’s leading IT software company reported a 5% year-on-year (YoY) growth in its consolidated net profit, reaching Rs 11,909 crore for the second quarter ended September 2024, compared to Rs 11,342 crore in the year-ago period.
The profit was lower than the Street’s estimate of Rs 12,450 crore.
The consolidated revenue for the reported quarter stood at Rs 64,259 crore, which was higher by 7.6% on the YoY basis…
