Tata Consultancy Services (TCS) has recently made waves in the financial sector with its announcement of a final dividend of ₹30 per equity share following its fourth-quarter results. This decision, revealed during the latest Board Meeting, is subject to shareholder approval and is slated for distribution five days after the 30th Annual General Meeting. This brings the total dividend for the last fiscal year to an impressive ₹126 per share.
Key Highlights from TCS’s Financial Performance
In addition to the dividend declaration, TCS reported a net profit of ₹12,224 crore for the fourth quarter, reflecting a slight decline of 1.69% compared to ₹12,434 crore in the same quarter of the previous fiscal year. However, the company’s revenue from operations showed a robust growth of 5.29%, reaching ₹64,479 crore, up from ₹61,237 crore year-on-year. Furthermore, the full-year revenue for FY25 hit ₹255,324 crore, marking a 6.0% year-over-year increase.
Previous Dividends and Payouts
Earlier in the fiscal year, TCS had already distributed substantial dividends:
- January: Third interim dividend of ₹10 and a special dividend of ₹66.
- Previous fiscal year (FY24): Shareholders received dividends of ₹18 in January, ₹28 in May, and ₹10 each in July and October.
This latest dividend announcement surpasses last year’s average dividend per share (DPS) of ₹73, showcasing TCS’s commitment to rewarding its investors.
Insights from Leadership
K. Krithivasan, the CEO and Managing Director, expressed pride in the company’s performance, stating, “We are thrilled to surpass $30 billion in annual revenue and maintain a strong order book for the second consecutive quarter. Our proficiency in AI and Digital Innovation positions us as a critical partner for our clients amidst ongoing macroeconomic challenges.”
Conclusion
TCS’s consistent dividend payouts and solid financial performance underscore its robust position in the IT industry. As the company continues to navigate through economic uncertainties while focusing on innovation, shareholders can anticipate continued value creation. For ongoing updates, stay tuned to TCS’s official communications and financial reports.
