Jan 17 Marks Record Date For TCS Interim Dividend

India’s IT giant Tata Consultancy Services (TCS) has set Jan 17, 2025, as the record date for its 3rd interim dividend for FY25. On January 9, 2025, TCS declared an interim dividend of ₹10 and a special dividend of ₹66 per Equity Share. The company further stated that the interim dividend and the special dividend will be paid on Monday, February 3, 2025, to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as of Friday, January 17, 2025.

TCS Dividend Record Date: What This Means For Shareholders?

As TCS has set the record date for its 3rd interim dividend, which means that Jan 16, marks the last to buy TCS shares to get eligible for the interim dividend. Further, any shares bought on Jan 17 (record date), won’t be eligible for the interim dividend.

TCS Q3FY25 Results

TCS delivered a strong performance in a seasonally challenging Q3FY25, setting the stage for long-term growth. The company reported revenue of ₹63,973 crore, reflecting a 5.6% YoY growth and a 4.5% increase in constant currency. This growth was backed by the Consumer Business Group (+1.1%), Energy, Resources, and Utilities (+3.4%), and Regional Markets (+40.9%).

Growth Markets continued to lead, with significant contributions from India (+70.2%), Middle East & Africa (+15.0%), Latin America (+7.0%), and Asia Pacific (+5.8%). TCS achieved an operating margin of 24.5% and a net margin of 19.4%, with a strong TCV of US$10.2 billion and a book-to-bill ratio of 1.4.

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