TCSTata Consultancy Services

TCS reports September-quarter profit of ₹13,884 crore, up 15%; declares ₹12 dividend

TCS reported consolidated revenue of ₹73,188 crore and net profit of ₹13,884 crore for the September quarter, and declared a second interim dividend of ₹12 a share.

Price, Thursday's close₹2,076.00▼ 0.21%
Last 5 days
52-week low ₹1,976.8052-week high ₹3,350.00
Sector
IT services

What happened

  • TCS reported consolidated revenue from operations of ₹73,188 crore, up 11.2% from a year earlier and 1.3% from the June quarter, according to Upstox and Kotak Neo.
  • Net profit was ₹13,884 crore, up 15% from a year earlier and 4% from the previous quarter. Operating margin was 24%.
  • Total contract value of deals signed in the quarter was $9.6 billion. Annualised AI revenue was $3.1 billion, up from $2.6 billion in the June quarter, and above 10% of total revenue, per Kotak Neo.
  • Upstox reported headcount of 598,056 and trailing 12-month attrition in IT services of 13.3%.
  • The second interim dividend is ₹12 a share, with a record date of 14 October and payment on 30 October.
  • The results came after market hours. The shares closed at ₹2,076, down 0.21%, before they were announced.

Why it matters

Good to know: Total contract value is the combined value of deals signed in a period. It is not revenue for that period, because the work is delivered over several years.

Key facts

Revenue
₹73,188 crore (+11.2% year on year)
Net profit
₹13,884 crore (+15% year on year)
Operating margin
24%
Total contract value
$9.6 billion
Dividend
₹12 a share; record date 14 October

Read the source

This is a summary of public news about Tata Consultancy Services, for information only. It is not a recommendation to buy, sell or hold TCS.

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