TCS Q4 Results: IT Major Announces Rs 24 Dividend Per Equity Share

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TCS Q4 Results: IT Major Announces Rs 24 Dividend Per Equity Share


The firm’s board beneficial a closing dividend of Rs 24 per fairness share of Rs 1 every.

TCS declared its Q4FY23 monetary outcomes on April 12

India’s largest IT providers firm Tata Consultancy Services declared its Q4FY23 monetary outcomes on April 12. Apart from monetary outcomes, the TCS board additionally introduced the ultimate dividend for 2022-23 at its twenty eighth annual common assembly. TCS’ internet revenue had stood at Rs 9,959 within the corresponding interval final yr (Q4 FY22).

The firm’s board beneficial a closing dividend of Rs 24 per fairness share.

The IT main has reported 14.8% bounce YoY in its internet revenue to Rs 11,436 for the quarter ended March 2023 (Q4 FY23). The income from operations of India’s largest IT providers firm additionally rose 16.94% to Rs 59,162, in contrast with Rs 50,591 crore within the year-ago interval.

Also Read: TCS Q4 Results: Net Profit Rises 14.8% YoY To Rs 11,436 Crore, Revenue Up 17%, Rs 24 Dividend Declared

On a relentless forex foundation, TCS income jumped 13.5 per cent in the course of the December 2022 quarter. TCS’ board had additionally declared a 3rd interim dividend of Rs 8 and a particular dividend of Rs 67 per fairness share of Rs 1 every of the corporate.

In the earlier quarter of October-December 2022, TCS’ (TCS) consolidated internet revenue stood at Rs 10,846 crore, a bounce of 11% on a year-on-year foundation. During October-December 2022, TCS’ income rose 19.1 per cent year-on-year to Rs 58,229 crore.

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