TCS Q3 Results Update: Investors of this company are proud, announcement of dividend of Rs 10 per share, know how much percent increase today…

TCS Q3 Results Update: IT company Tata Consultancy Services Limited (TCS) has released the results of the third quarter (Q3FY25) of the financial year 2024-25. In the October-December quarter, TCS's consolidated net profit increased by about 3.95 percent on a quarterly basis to Rs 12,380 crore. Today the market is also bullish. Trading is going on at 4,211.30 with a jump of 172.45 (4.27%).

Earlier in the July-September quarter it was Rs 11 thousand 909 crore. At the same time, net profit has increased by 12 percent on annual basis. However, there has been a decline in the company's income.

In the October-December quarter it was Rs 63 thousand 973 crore. At the same time, in the last quarter the company had earned an income of Rs 64 thousand 259 crore. At the same time, on quarterly basis, EBIT increased from Rs 15 thousand 469 crore to Rs 16 thousand 900 crore.

The company declared a dividend of Rs 10 per share.

Along with the results, TCS has also declared an internal dividend of Rs 10 per share and a special dividend of Rs 66 for its investors. Companies give a part of the profits to their investors, it is called dividend.

TCS shares rose 9.60 percent in one year

On Thursday, TCS shares closed at Rs 4,044 with a fall of 1.57 percent. The stock has given a negative return of 9.17 percent in the last one month. However, TCS shares have given a positive return of 1.47 percent in the last 6 months and 9.60 percent in the last one month so far.

TCS was established in 1968 (TCS Q3 Results Update)

Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) company. It is a subsidiary of Tata Group. TCS was established in 1968 as 'Tata Computer Systems'. TCS became a public listed company on 25 August 2004.

In 2005, it became the first Indian company to enter the informatics market. In April 2018, it became the first IT company in the country with a market capitalization of $100 billion. The current market cap of the company is Rs 14.17 lakh crore. It operates at 149 locations in 46 countries.