India's largest IT services company, Tata Consultancy Services (TCS), on Thursday reported 5% year-on-year (YoY) growth in its consolidated net profit at Rs 13,349 crore for the first quarter. The same stood at Rs 12,760 crore in the year-ago period.
The company's board has approved an interim dividend of Rs 12 per share for the financial year FY27 and fixed July 15 as the record date.
Revenue from operations in the period under review increased 14% YoY to Rs 72,275 crore.
On a sequential basis, revenue grew 2.2% in rupee terms and 0.4% in constant currency.
Operating margin stood at 24%, while net margin came in at 19.2%. The company said the numbers exclude exceptional items. Net cash from operations stood at Rs 12,412 crore, or 93% of net income.
