Mumbai: India’s leading software exporter company, Tata Consultancy Services (TCS) reported 11 percent year-on-year (YoY) growth in net profit at Rs 10,846 crore for the quarter ended in December 2022.
The Revenue for the quarter came in at Rs 58,229 crore, up 19.1 percent YoY in reported terms and 13.5 per cent YoY in constant currency (CC) terms.
TCS’s revenue was up 5.2 percent. The company reported 2.2 percent quarter on quarter (QoQ) CC growth for Q3 while dollar revenue growth was 2.9 percent QoQ.
Meanwhile, the Board of Directors of TCS declared a third interim dividend of Rs 8 and a special dividend of Rs 67 per equity share of Re 1 each.
The third interim dividend and the special dividend shall be paid on February 3 to the equity shareholders of the company.
It has fixed January 17, 2023, as the record date for the purpose.
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