TCS Shares to Trade Ex-Date on January 17: Interim Dividend of ₹10

On January 17, 2025, TCS shares to trade ex-date, which means that the shareholders registered in the company’s books as of today will be eligible for the IT giant ₹76 interim and special dividend. On January 9, 2025, TCS announced a 3rd interim dividend of ₹10 and a special dividend of ₹66 per Equity Share of ₹1 for each of the Company.

TCS Dividend History

TCS Leadership Take on Q3FY25 Earnings

During Q3FY25, TCS reported a revenue of ₹63,973 crore, marking a growth of 5.6% year-over-year (YoY), with a 4.5% increase in constant currency (CC). This growth was primarily driven by the Consumer Business Group, which grew by 1.1%, as well as by the Energy, Resources, and Utilities sector, which saw a 3.4% increase.

K Krithivasan, Chief Executive Officer and Managing Director said: “We are pleased with the excellent TCV performance in Q3 which was well-rounded across industries, geographies and service lines lending good visibility to long-term growth. BFSI and CBG returning to growth, continued stellar run of Regional Markets and early signs of revival in discretionary spending in some verticals give us confidence for the future. Our continuing investments in upskilling, AI/Gen AI Innovations and partnerships set us up to capture the promising opportunities ahead.”

Samir Seksaria, Chief Financial Officer, said: “In a quarter that saw significant cross-currency volatility, TCS’s strong execution, cost management and deft currency risk management helped deliver healthy margin improvement and free cash flows. Disciplined investments in talent and infrastructure should lend good support to long-term business growth.”

Milind Lakkad, Chief HR Officer, said: “We promoted over 25,000 associates this quarter which brought the total promotions this financial year to more than 110,000. We continue to invest in employee upskilling and overall well-being. Our campus hiring for the year is going according to plan and preparations are afoot to onboard a higher number of campus hires next year”.

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