Moneycontrol.com·2 min read·medium
TCS Q1 profit down 2.7% QoQ at Rs 13,349 crore, revenue beats estimates; board declares Rs 12 dividend
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Tata Consultancy Services reported a 2.7 percent quarter-on-quarter decline in net profit to Rs 13,349 crore, impacted by a one-time settlement charge. Despite the profit dip, the company's revenue exceeded market expectations, leading the board to declare a dividend of Rs 12 per share.
Liked this AI Summary? Join our AI Workshop Tata Consultancy Services (TCS) reported a consolidated net profit of Rs 13,349 crore for the fiscal first quarter, down 2.7 percent quarter-on-quarter, accounting for a one-time settlement of Rs 668 crores... [2277 chars]
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