The largest IT firm in terms of sales said its profit for the quarter rose 16.83 per cent year-on-year (YoY) to Rs 11,074 crore compared with Rs 9,478 crore in the same quarter last year.
TCS paid a total dividend of Rs 33,306 crore for FY23, with a dividend yield of 3.59 per cent. It paid Rs 7,686 crore in dividend in FY22, Rs 8,510 crore in dividend in FY21 and and Rs 25,125 crore in dividend in FY20.
Software major Tata Consultancy Services Ltd (TCS) on Wednesday said it closed the first quarter of 2023-24 with 16.8 per cent growth in net profit.The Board of Directors have declared an interim dividend of Rs 9 per equity share of Re1 each. .