City
Epaper

TCS Q3 PAT Rs10,846 crore, declares interim, special dividends

By IANS | Updated: January 9, 2023 19:00 IST

Chennai, Jan 9 Software major Tata Consultancy Services Ltd on Monday said it closed the third quarter with ...

Open in App

Chennai, Jan 9 Software major Tata Consultancy Services Ltd on Monday said it closed the third quarter with an 11 per cent growth in net profit of Rs 10,846 crore.

The company's Board of Directors at their meeting declared a third interim dividend of Rs 8 and a special dividend of Rs 67 per equity share of Re 1 each.

For the third quarter ended December 31, 2022, TCS had earned an income of Rs 58,229 crore (Q3FY22-Rs.48,885 crore) and a net profit of Rs.10,846 crore (Rs 9.769 crore).

"We are pleased with our strong growth in a seasonally weak quarter, driven by cloud services, market share gains through vendor consolidation, and continued momentum in North America and UK," Chief Executive Officer and Managing Director Rajesh Gopinathan said.

"Looking ahead, and beyond current uncertainties, our longer-term growth outlook remains robust," he said.

Meanwhile the company's total headcount went down by 2,197 to 613,974 during the period under review.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Tata Consultancy ServicesamericachennaiBoard Of DirectorsRajesh GopinathanBoard of directors of the companyThe board of directors of the companyCommittee of executive directorsMadras missionChennai chennai
Open in App

Related Stories

InternationalDonald Trump's Signature to Appear on US Currency in First for Sitting President

NationalChennai Sees Long Queues at Petrol Pumps Amid Fears of Fuel Shortage and Price Hikes

NationalTamil Nadu: Bottle Bombs Hurled at Congress leader P. Chidambaram and MP Karti Chidambaram’s Office in Subramaniapuram

EntertainmentI Just Love Watching Your Performances”: Vijay Sethupathi Praises Kajol at Event in Chennai

CricketIND vs ZIM, T20 World Cup 2026 Super 8: Zimbabwe Win Toss, Elect to Bowl First in Chennai; Sanju Samson Replaces Rinku Singh in India’s Playing XI

Technology Realted Stories

TechnologyEV charging hub unveiled at Anand Vihar Namo Bharat Station, 10 vehicles can be charged simultaneously

TechnologyAmaravati to be growth engine for $2.4 trillion economy: Andhra CM​

TechnologyJan Vishwas Bill, 2026 decriminalises minor offences in health sector

TechnologyFood prices to rise further globally if West Asia crisis stretches beyond 40 days: FAO

TechnologyGoogle now allow Gmail users to change their usernames