TCS Q1FY25 Earnings Review: Profit, Revenue Beat Expectations; Dividend Announced | #stockmarket

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IT Giant tata consultancy services posted its Q1FY25 earnings on July 11. It posted an 8.72% on year rise in net profit at Rs 12,040 crore, higher than street estimates. Revenue beat expectations as revenue from operations saw a 5.4% increase year on year. Company’s board has also declared a dividend of Rs 10 per share. The interim dividend will be paid on August 5. Sequentially profit after tax was down by over 3%. Consolidated operating margin for the quarter stood at 24.7% and net margin stood at 19.3%. The stock closed at Rs 3,902 on NSE down 0.18% before the earnings were reported. #etnow #businessnews #livebusinessnews #sharemarket #stockmarket #englishnews #trending #topnews

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