TCS Announces Interim and Special Dividends: Check Record and Payment Dates
MC Desk | January 10, 2025
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TCS has declared a total dividend of Rs 76 per share, which includes a special dividend of Rs 66 and an interim dividend of Rs 10.
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Image: Canva
The company has fixed Friday, January 17, 2025 as the record date to ascertain the eligibility of shareholders for the payment of dividend.
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Image: Canva
The interim and special dividends will be paid on Monday, February 3, 2025.
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TCS will distribute over Rs 21,500 crore as part of this dividend payout.
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Image: Canva
TCS reported an 11.95% rise in net profit, clocking Rs 12,380 crore for the December quarter.
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Image: Canva
The company’s revenue for the quarter grew 5.6% year-on-year to Rs 63,973 crore but was slightly down from Rs 64,259 crore in the September quarter.
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TCS secured new order bookings worth USD 10.2 billion, up from USD 7.9 billion in the year-ago period.
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Despite the holiday season impact, TCS demonstrated resilience in a seasonally weak quarter.
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Moneycontrol advises users to check with certified experts before taking any investment decisions.
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