{"id":832412,"date":"2024-07-12T11:10:09","date_gmt":"2024-07-12T05:40:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=832412"},"modified":"2024-07-12T11:10:09","modified_gmt":"2024-07-12T05:40:09","slug":"tcs-q1-results-profit-up-8-7-at-%e2%82%b912040-crore-%e2%82%b910-dividend-announced","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/12\/tcs-q1-results-profit-up-8-7-at-%e2%82%b912040-crore-%e2%82%b910-dividend-announced\/","title":{"rendered":"TCS Q1 results: Profit up 8.7% at \u20b912,040 crore, \u20b910 dividend announced"},"content":{"rendered":"<p>Tata Consultancy Services, India&#8217;s top IT services company, reported a bigger-than-expected first-quarter revenue owing to execution of large deals bagged in previous quarters. The company&#8217;s consolidated revenue rose 5.4% to 626.13 billion rupees in the June quarter. Analysts expected revenue at 622.07 billion rupees, as per LSEG data.<\/p>\n<p>Company\u2019s margins took a hit due to the wage hike cycle during the quarter as EBIT margin narrowed to 24.7 per cent for Q1. The company&#8217;s board also approved an interim dividend of \u20b910 per share for the quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Consultancy Services, India&#8217;s top IT services company, reported a bigger-than-expected first-quarter revenue owing to execution of large deals bagged in previous quarters. The company&#8217;s consolidated revenue rose 5.4% to 626.13 billion rupees in the June quarter. Analysts expected revenue at 622.07 billion rupees, as per LSEG data. Company\u2019s margins took a hit due to the wage hike cycle during the quarter as EBIT margin narrowed to 24.7 per cent for Q1. The company&#8217;s board also approved an interim dividend of \u20b910 per share for the quarter.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,51,4],"tags":[],"class_list":["post-832412","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=832412"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832412\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=832412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=832412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=832412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}