Indian IT giant Tata Consultancy Services (TCS) posted a 5.6 percent on-year rise in revenue for the December quarter on Thursday, below analyst estimates after lower earnings in its key North ...
TCS Q3 results show 5.5% profit growth, $10.2 billion TCV, and ₹27,493 crore dividend payout. Strong performance and outlook.
The increased dividend payout has resulted in an outflow of ₹42,079 crore for TCS, which took its dividend payout to 107.6%.
"Worries of a continuation of earnings moderation in the December quarter and signals of fewer rate cuts in the U.S. in 2025 ...