Mumbai, Oct 9
Tata Consultancy Services (TCS) on Thursday reported the net profit for the second quarter of the current financial year at Rs 12,131 crore, down over 5 per cent sequentially from Rs 12,819 crore in the previous quarter.
However, India's biggest IT service provider's net profit jumped marginally by over a per cent year-on-year (YoY) from Rs 11,955 crore in the same quarter a year ago (Q2 FY25).
The IT major has announced a dividend of Rs 11 per share. The record date for the dividend will be October 15, and the payment for the same will be made on November 4. TCS had declared an interim dividend of Rs 11 per share in its previous quarterly results as well.
Earlier, the IT bellwether registered around 6 per cent growth in net profit (year-on-year) at Rs 12,760 crore in the first quarter of FY26. The company saw revenue from operations growing 1.3 per cent (on-year) to Rs 63,437 crore for the April-June quarter.