TCS to declare Q2 results, consider second interim dividend on October 11
Tata Consultancy Services Limited is scheduled to be held on Wednesday, October 11, 2023, inter alia to approve and take on record the audited condensed standalone financial results" and the “audited condensed consolidated financial results" for the quarter and six month period ending September 30, 2023, the regulatory filing stated. The board will also “consider declaration of second interim dividend" to the equity shareholders, it added.
Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here! The second interim dividend, if declared, will be paid to those equity shareholders of the company whose names appear on the register of members or in the records of the depositories, TCS noted.
In the first quarter of the current fiscal, the IT sector behemoth had reported a 16.84 percent year-on-year rise in its consolidated net profit to ₹11,074 crore. The company had reported a profit of ₹9,478 crore in the year-ago period.
Sequentially, the consolidated net profit was down 2.8 percent. The company's consolidated revenue from operations stood at ₹59,381 crore during the quarter ended June from ₹52,758 crore in Q1FY23.
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