TCS Announces a 16.83% Rise in Q1 Profit, Declares Rs 9 Dividend

  • Tata Consultancy Services (TCS) reports a year-on-year net profit increase of 16.83% for Q1, at Rs 11,074 crore, closely aligning with analyst predictions.
  • The company’s Q1 revenue records a 12.55% growth, hitting Rs 59,381 crore, with deal wins meeting analyst forecasts at $10.20 billion.
  • An interim dividend of Rs 9 per share has been declared, with sectors including Life Sciences, Healthcare, and Manufacturing leading the company’s growth.
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