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- TCS Q1 Results 2024; Tata Consultancy Services Net Profit, Dividend And Income
Mumbai3 minutes ago
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India’s most valuable IT company Tata Consultancy Services Limited (TCS) has reported a consolidated net profit of Rs 12,040 crore in the first quarter (April-June) of FY 2024-25. It has increased by 8.72% on an annual basis.
The company had a net profit of Rs 11,074 crore in the same quarter a year ago. In the April-June quarter, the company has earned a total of Rs 63,575 crore. There has been an increase of 5.44% on an annual basis. In the first quarter of the financial year 2023-24, the company had earned Rs 60,778 crore.
Declaration of dividend of Rs 10 per share
The company has released the results of the first quarter of FY 2024-25 in the stock exchange filing today (July 11). Along with the results, the company has also announced a dividend of Rs 10 per share for its shareholders. Companies give a part of the profits to their shareholders, it is called dividend.
Profit decreased by -3.17% on quarterly basis
At the same time, in the fourth quarter of the last financial year i.e. Q4FY24, the company had recorded a profit of Rs 12,434 crore. On a quarterly basis, there has been a decrease of 3.17% in this quarter. The company had earned Rs 2,45,315 crore during the entire last financial year. During this period, the company had recorded a profit of Rs 45,908 crore.
TCS profit up 8.72% in Q1 FY25
on an annual basis
| TCS | FY25 (April-June) | FY24 (April-June) | Change (%) |
| Operational Revenue | ₹62,613 | ₹59,381 | 5.44% |
| other income | ₹962 | ₹1,397 | -31.14% |
| Total Income | ₹63,575 | ₹60,778 | 4.60% |
| Total Expense | ₹47,344 | ₹45,789 | 3.40% |
| Total Tax | ₹4,126 | ₹3,869 | 6.64% |
| Net Profit | ₹12,040 | ₹11,074 | 8.72% |
Note – Figures are in crores of rupees…
Decreased by 3.17% on quarterly basis TCS का profit
| TCS | FY25 (April-June) | FY24 (January-March) | Change (%) |
| Operational Revenue | ₹62,613 | ₹61,237 | 2.25% |
| other income | ₹962 | ₹1,157 | -16.85% |
| Total Income | ₹63,575 | ₹62,394 | 1.89% |
| Total Expense | ₹47,344 | ₹45,545 | 3.95% |
| Total Tax | ₹4,126 | ₹4,347 | -5.08% |
| Net Profit | ₹12,040 | ₹12,434 | -3.17% |
Note – Figures are in crores of rupees…
TCS was established in 1968
Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) company. It is a subsidiary of the Tata Group. TCS was founded in 1968 as ‘Tata Computer Systems’. On 25 August 2004, TCS became a public listed company.
In 2005, it became the first Indian company to enter the informatics market. In April 2018, it became the country’s first IT company to have a market capitalization of $100 billion. The current market cap of the company is Rs 14.21 lakh crore. It operates in 149 branches in 46 countries.
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