TCS made a profit of Rs 12040 crore in the first quarter!!!
TCS made a profit of Rs 12040 crore in the first quarter!!!TCS Q1 Results: The country's largest IT company Tata Consultancy services (TCS) has made a profit of Rs 12,040 crore during the first quarter of April-June of the financial year 2024-25, which is 9 percent more than the same quarter of the last financial year. There was a profit of Rs 11074 crore in the first quarter of the last financial year. The company's revenue has seen a jump of 5.4 percent and it has a revenue of Rs 62,613 crore, which was Rs 59,831 crore in the same period of the previous financial year. The board of tcs (Tata Consultancy Services) has also decided to give an interim dividend of Rs 10 to the shareholders of the company.TCS said that the company has added 5452 employees in the first quarter of FY 2024-25 and the total workforce of the company has reached 6.07 lakh. tcs CEO K Krithivasan said on the quarterly results, I am happy that we have started the new financial year with great strength and growth is being seen in all industries and markets. We are constantly expanding our client relationship. Along with this, we are developing new capabilities in emerging technologies and investing in innovations like AI-focused tcs PacePort in France, IoT (Internet of Things) Lab in the US, along with expanding delivery centers like Latin America, canada and Europe.TCS said in its quarterly results that the total contract value in the first quarter was $ 8.3 billion, which is less than the same quarter last year and the previous quarter. In the fourth quarter of the financial year 2023-24, an order book of $ 13.2 billion was seen which is a record. The quarterly results of tcs came after the market closed. Earlier in today's trading session, the stock of tcs closed at Rs 3923.70 with a jump of 0.37 percent.