TCS Reports Nearly 2% Decline in Q4 Profit, Reveals Rs 30 Final Dividend
Click to start listening
Synopsis
On April 10, Tata Consultancy Services (TCS) announced a 1.68% decline in consolidated net profit at Rs 12,293 crore for Q4 FY25, along with a final dividend of Rs 30 per share. Despite the profit drop, the company achieved a 5.3% revenue increase.
Key Takeaways
- TCS net profit fell by 1.68% in Q4 FY25.
- Final dividend of Rs 30 per share announced.
- 5.3% revenue growth reported, totaling Rs 64,479 crore.
- Total shareholder payout for FY25 reached Rs 44,962 crore.
- TCS crossed $30 billion in annual revenues.
Mumbai, April 10 (NationPress) Tata Consultancy Services (TCS), recognized as India’s leading IT services provider, announced a 1.68% decline in its consolidated net profit, amounting to Rs 12,293 crore for the March quarter (Q4 FY25).
The previous year (Q4 FY24), the company reported a consolidated net profit of Rs 12,502 crore. When comparing quarter-on-quarter (QoQ), there was a 1.3% decrease in net profit, as noted in their stock exchange filing.
Notably, TCS declared a final dividend of Rs 30 per equity share for FY25, in addition to the Rs 96 already distributed earlier in the fiscal year through three interim dividends and one special dividend.
“This brings the total payout to shareholders for FY25 to an impressive Rs 44,962 crore,” the company stated in its filing.
“The Board of Directors has put forward a recommendation for a final dividend of Rs 30 per equity share with a face value of Rs 1 each. This dividend will be disbursed within five days following the conclusion of the 30th Annual General Meeting, pending shareholder approval,” TCS noted.
On the positive side, TCS experienced growth in revenue, with a 5.3% rise in revenue from operations, reaching Rs 64,479 crore in the March quarter, up from Rs 61,237 crore the previous year.
Throughout the entire financial year, TCS achieved revenues of Rs 2,55,324 crore, reflecting a 6% year-on-year (YoY) increase. The net profit for the year was recorded at Rs 48,553 crore.
TCS also reached a significant achievement by surpassing $30 billion in annual revenues, as stated in their regulatory filing.
The company reported a net margin of 19% for the March quarter and secured deals worth $12.2 billion, yielding a robust book-to-bill ratio of 1.6 times.
Prior to the announcement of results, TCS shares settled at 1.64% lower on April 9, priced at Rs 3,239 on the National Stock Exchange (NSE). The Indian equity market was closed on Thursday in honor of Mahavir Jayanti.
