Tata Company TCS Result: Tata Group’s leading IT company TCS has released the results for the September quarter. TCS’ net profit increased by 4.99 percent to Rs 11,909 crore in this quarter. TCS had reported a profit of Rs 11,342 crore in the same quarter a year ago. However, the company’s profit has declined compared to the April-June 2024 quarter. TCS’s profit in the June quarter was Rs 12,040 crore.
TCS’s income in the second quarter increased by 7.06 percent to Rs 64,988 crore. It was Rs 60,698 crore in the same quarter a year ago. Along with this, TCS has declared a second interim dividend of ₹ 10 per share for the financial year 2024-25. At the same time, TCS’s pre-tax profit stood at Rs 16,032 crore compared to Rs 15,330 crore in the same quarter last year.
What did the CEO of the company say
TCS CEO and MD K Krittivasan said – Amidst uncertain geo politics, our largest workplaces, banking, financial services, and insurance (BFSI) have shown signs of improvement. We have also seen strong performance in our development markets. TCS shares closed 0.56 percent lower at Rs 4,228.40 on BSE.
Ratan Tata had got TCS listed
TCS quarterly results have been released after the death of Ratan Tata. Former Tata Group chairman Ratan Tata breathed his last in a hospital in Mumbai on Wednesday night. He was 86 years old. TCS canceled the press conference scheduled to announce its second quarter financial report due to the demise of Ratan Tata.
Let us tell you that TCS was listed in the stock market under the leadership of Ratan Tata. The IPO of this company was launched in the year 2004. Let us tell you that TCS IPO came at a price of Rs 850 per share. The company had raised Rs 5420 crore through this IPO.
