Tata Consultancy Services (TCS), India’s leading IT services firm, has announced a significant dividend for its shareholders for the third quarter of the fiscal year 2024-25. The company declared an interim dividend of ₹10 per equity share and a special dividend of ₹66 per share, each with a face value of ₹1.
Key Details:
- Interim Dividend: ₹10 per equity share.
- Special Dividend: ₹66 per equity share.
- Record Date: Shareholders eligible for the dividends will be those recorded on January 17, 2025.
- Payment Date: The dividends are scheduled to be disbursed on February 3, 2025.
This announcement underscores TCS’s commitment to delivering consistent value to its investors. Earlier in the fiscal year, the company had issued two interim dividends of ₹10 each during the June and September quarters.
In its recent financial results, TCS reported a 12% year-over-year increase in net profit, reaching ₹12,380 crore for the October to December quarter. Revenue from operations also saw a 5% rise, totaling ₹63,973 crore.
Shareholders can anticipate the credited dividends in their accounts by early February, reflecting TCS’s robust financial health and its dedication to rewarding investor trust.
For more detailed information, shareholders are advised to refer to the official announcements on the Bombay Stock Exchange and TCS’s investor relations website.