| Mumbai – India’s largest IT services exporter, Tata Consultancy Services (TCS), releases its result for the July-September quarter with a moderate performance as net profit rises by 1.4%. TCS kick off the earning season for IT companies with announcement of interim bonus of ₹ 11 per equity share of ₹ 1 each of the company. The dividend shall be paid on November 4, 2025, according to the filing with the exchange. TCS posted a net profit of ₹11,909 crore, reflecting a 5 per cent increase over the ₹ 11,342 crore recorded in the corresponding quarter of the previous financial year. TCS shows the exceptional item, ₹ 1,135 crore, in September quarter as restructuring expense as it moved ahead with its plan to trim its workforce. Price of TCS share closes up by 1% today to ₹ 3,061.95 on BSE, before announcing its quarterly results. Tata Consultancy Services (TCS) on October 9 announced that it is acquiring US-based ListEngage MidCo, along with its subsidiary of ListEngage LLC, which provide digital marketing services through Salesforce platforms like marketing cloud, data cloud and Agentforce and AI advisory services. TCS will acquire the US-based company for up to $72.8 million, excluding management incentives and costs. The acquisition is expected to be completed by October 10. |
TCS announces Q2 result – Net profit up by 1.4%; ₹11 Interim Dividend
