Updated April 10th 2025, 17:01 IST
Tata Consultancy Services Ltd (TCS) has announced a dividend of Rs 30 per equity share for the March quarter results for the financial year 2024-25 (FY25), the company said in a stock exchange filing.
For the quarter ended, March 31, 2025, the Board of the company decided to recommend a final dividend of Rs 30 per equity share of a face value of Rs 1 each, which is subject to approval at the Annual General Meeting.
The largest IT exporter of India has also announced the payout date to be the fifth day from the conclusion of the 30th Annual General Meeting, the statement said.
"Further, we would like to inform you that at the Board Meeting held today, the Directors have recommended a Final Dividend of INR 30 per Equity Share of INR 1 each of the Company which shall be paid/dispatched on the fifth day from the conclusion of the 30th Annual General Meeting, subject to approval of the shareholders of the Company," it said.
TCS on Thursday reported a net profit of Rs 12,293 crore in the fourth quarter of FY25. There has been a decline of 1.67% as compared to Rs 12,502 crore in the same period last year.
TCS reported a revenue of Rs 64,479 crore, showing a 5.3% year-on-year growth, with constant currency (CC) growth at 2.5%.
The firm also maintained a strong operating margin of 24.2% and a net margin of 19%.
The Tata Company had earlier declared a dividend of Rs 10 per share and a special dividend of Rs 66 in the December quarter. It had earlier declared Rs 10 each dividends in Q1 and Q2.
The software also announced a total dividend of Rs 73 per share in FY24, amounting to Rs 16,290.
Published April 10th 2025, 17:01 IST