TCS has reported in a regulatory filing that the company has declared a third interim dividend of Rs 9 and a special dividend of Rs 18 per Equity Share of Rs 1 each of the Company.
Historically, December quarter is seasonally weak for the information technology sector, but this time around, companies have likely witnessed a stronger winter chill.
TCS had reported a total contract value of $11.2 billion, after clocking TCV of $10.2 billion in Q1FY24, which was above the guided range of $7-9 billion.