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Business

TCS Q2 Results: Rs 10 Dividend Per Share Announced; Sets Record Date

Tata Consultancy Services Ltd. (TCS), the largest domestic software exporter, on Thursday (October 10) announced an interim dividend of Rs 10 per share for the financial year 2024-25 (FY25).

The company has fixed October 18, 2024, as the record date and November 5 as the payment day.

“We would like to inform you that at the Board Meeting held today, the Directors have declared second interim dividend of Rs 10 per Equity Share of Rs 1 each of the Company,” TCS said in a BSE filing.

The second interim dividend shall be paid on Tuesday, November 5, 2024, to the equity shareholders of the company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Friday, October 18, 2024, which is the Record Date fixed for the purpose, it added.

TCS on Thursday reported a 5 per cent rise year-on-year in its consolidated net profit to Rs 11,909 crore for the second quarter of the financial year 2024-25 ended September 30 (Q2 FY25). Its revenue from operations during July-September 2024 increased 7.6 per cent year-on-year to Rs 64,259 crore.

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