TCS Dividend: Tata Consultancy Services (TCS) announced its January-March quarter results for fiscal 2024-25 (FY25) on Thursday, April 10, and recommended a final dividend of ₹30 per equity share of Re 1 each for FY25. The board of India's largest information technology (IT) services major said the final dividend is subject to the company's shareholders' approval.
“We would like to inform you that at the Board Meeting held today, the directors have recommended a final dividend of ₹30 per equity share of Re 1 each of the company, which shall be paid/dispatched on the fifth day from the conclusion of the 30th Annual General Meeting, subject to the approval of the shareholders of the company,” said TCS in its regulatory filing to the stock exchanges.
Also Read: TCS Q4 Result: From PAT, revenue to dividend— 6 key takeaways from IT major’s March quarter earnings
With the final dividend of ₹30, the total dividend for the year is now ₹126 per equity share. TCS has declared 88 dividends since October 28, 2004. At the current share price of ₹3,246.10, TCS' dividend yield is 3.82 per cent.
TCS shares last traded ex-dividend on January 17, 2025, after the board declared a special dividend of ₹66 per share and an interim dividend of ₹10 per equity share. After shareholders' approval, the board will announce the record date for the final dividend of FY25 recommended today.
TCS' consolidated profit after tax (PAT) for Q4FY25 stood at ₹12,224 crore. It was 1.7 per cent down from the net profit of ₹12,434 crore reported for the corresponding quarter of the previous financial year. Operating margin for FY25 came at 24.3 per cent, and net margin stood at 19 per cent.
Consolidated revenue from operations for the quarter stood at ₹64,479 crore, growing 5.3 per cent year-on-year against ₹61,237 crore in the same quarter last year. In constant currency (CC) terms, the company's revenue increased 2.5 per cent year over year. The company's operating margin for the quarter stood at 24.2 per cent, while net margin was 19 per cent.
TCS surpassed the $30 billion revenue milestone and underscored that a strong order book reinforces confidence in its long-term resilience. “We are pleased to cross the $30 billion in annual revenues and achieve a strong order book for the second consecutive quarter," said K Krithivasan, Chief Executive Officer (CEO) and Managing Director (MD), TCS.
On Wednesday, shares of TCS settled 1.44 per cent lower at ₹3,246.10 apiece on the BSE. The IT bellwether commands a market cap of ₹11,74,467.39 crore. Shares of TCS declined 6.38 per cent in the last five sessions, 9.41 per cent in one month and over 21 per cent year-to-date (YTD).
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