TCS reports Q1 results with 9% rise in net profit to ₹12,040 crore

Tata Consultancy Services (TCS), has announced its financial results for the first quarter of the fiscal year 2024-25, reporting a 9 per cent year-on-year increase in net profit to ₹12,040 crore, up from ₹11,042 crore in the same period last year.

According to an exchange filing, the company declared a dividend of ₹10 per share, underscoring its commitment to returning value to shareholders.

Revenue from operations saw an uptick, rising by 5.4 per cent to ₹62,613 crore compared to ₹59,386 crore in the first quarter of the previous fiscal year.