TCS Q1 Results: TCS Q1 Results: The country’s largest IT company Tata Consultancy Services (TCS) has made a profit of Rs 12,040 crore during the first quarter April-June of the financial year 2024-25, which is 9 percent more than the same quarter of the last financial year. There was a profit of Rs 11074 crore in the first quarter of the last financial year. There has been a jump of 5.4 percent in the revenue of the company and this revenue has been Rs 62,613 crore which was Rs 59,831 crore in the same period of the last financial year. The board of TCS (Tata Consultancy Services) has also decided to give an interim dividend of Rs 10 to the shareholders of the company.
TCS said that the company has added 5452 employees in the first quarter of the financial year 2024-25 and the total workforce of the company has reached 6.07 lakh. TCS CEO K Krithivasan said on the quarterly results, I am happy that we have started the new financial year with great strength and growth is being seen in all industries and markets. We are continuously expanding our client relationships. We are also developing new capabilities in emerging technologies and investing in innovations such as the AI-focused TCS PacePort in France, the IoT (Internet of Things) Lab in the US, Latin America, Canada and Europe. Like expanding delivery centres.
TCS said in its quarterly results that the total contract value in the first quarter was $ 8.3 billion, which is less than the same quarter last year and the previous quarter. An order book of $13.2 billion was seen in the fourth quarter of the financial year 2023-24, which is a record. TCS quarterly results have come after the market closed. Earlier in today’s trading session, TCS stock closed at Rs 3923.70 with a rise of 0.37 percent.
read this also
Reliance Jio: Mukesh Ambani’s Reliance Jio will be listed in 2025, Jefferies said – 15% rise in RIL stock is possible
