TCS Q4 results: Board approves final dividend of ₹15 per share
PremiumThe company's consolidated profit for the March quarter came in at ₹9,246 crore compared with ₹8,049 crore in the year-ago period
Tata Consultancy Services Ltd reported a 14.9% rise in March-quarter profit on Monday, as India's top IT services firm benefited from an uptick in cloud services demand during the COVID-19 crisis.
The company's consolidated profit for the March quarter came in at ₹9,246 crore compared with ₹8,049 crore in the year-ago period.
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The Board recommended a final dividend of 15 rupees per share.
The company's consolidated revenue rose 9.4% to ₹43,705 crore.
In Q4, TCS added 19,388 employees to its rolls on a net basis, its highest-ever net addition in a quarter. The total headcount stood at 488,649, a net addition of 40,185 during the year. The IT Services Attrition (LTM) at All-time Low at 7.2%.
The workforce continues to be young and very diverse, comprising 154 nationalities and with women making up 36.5% of the workforce.
On Monday, TCS shares on BSE closed 2.43% lower at ₹3,241.45 apiece in anticipation of the Q4 results.
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