Key takeaways from TCS Q1FY25 outcomes: Tech large Tata Consultancy Providers, which is India’s second-largest firm within the phrases of market worth, reported its first quarter outcomes for the monetary 12 months 2024-25 on Thursday (July 11, 2024). The big-cap IT large reported a consolidated web revenue of Rs 12,040 crore. Together with that, the corporate additionally reported an interim dividend of Rs 10, or 1,000 per cent, on worth of Rs 1 every. Because the agency is the primary IT large to report its outcomes this incomes season, here is are the important thing takeaways from its first-quarter outcomes.
Revenue after tax
The IT large reported a consolidated web revenue of Rs 12,040 crore for the April-June interval, a 3.2 per cent decline sequentially.
However it was consistent with Zee Enterprise analysts’ expectations.
Income
The software program large reported first-quarter income of Rs 62,613 crore. It was a rise of two.2 per cent on a quarter-on-quarter (QoQ) foundation, as per a regulatory submitting on Thursday.
Zee Enterprise analysts had estimated a web revenue of Rs 12,050 crore and income of Rs 62,280 crore for the April-June quarter.
Attrition
The software program exporter noticed a web headcount addition of 5,452.
It helped improve its workforce power to 606,998 .
The final 12-month attrition fee was additional all the way down to 12.1 per cent.
Margin
TCS’ margin was contracted by 130 foundation factors to 24.7 per cent on a sequential foundation.
The analysis crew had pegged it at 24.5 per cent.
Interim dividend
The IT large additionally introduced an interim dividend of 1,000 per cent, or Rs 10 per share of the face worth of Rs 1 every.
The file date for the interim divided is July 20, whereas the cost date for it’s August 5.
TCS share value
Earlier than the corporate introduced its This autumn outcomes, its inventory closed the buying and selling session on BSE on Thursday up by 0.33 per cent, or Rs 12.80, at Rs 3,922.70
