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  1. TCS Q3 results to be declared on January 9; check record date for third interim dividend and other key details

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TCS Q3 results to be declared on January 9; check record date for third interim dividend and other key details

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3 min read | Updated on January 02, 2025, 14:00 IST

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SUMMARY

Tata Consultancy Services will announce its earnings for the third quarter of the current financial year on January 9, 2025, and consider a third interim dividend payment for its shareholders. The company reported a 5% increase in its net profit for the previous quarter in October.

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 After the second quarter, the company announced an interim dividend of ₹10 per share in October

After the second quarter, the company announced an interim dividend of ₹10 per share in October

Tata Consultancy Services (TCS), one of the top IT majors in India, will consider another interim dividend for its shareholders in the upcoming board meeting of the company along with announcing its quarterly financial results for the October-December quarter of the current fiscal year (Q3 FY25) on January 9.

TCS announced on December 31, 2024 that its board meeting will be held on January 9, 2025, in which it will post its Q3 FY25 earnings and consider a third interim dividend for the shareholders.

“...we hereby inform you that a meeting of the Board of Directors of Tata Consultancy Services Limited is scheduled to be held on Thursday, January 9, 2025, inter alia to: i. approve and take on record the audited standalone financial results of the Company under Indian Accounting Standards (Ind AS) for the quarter and nine-month period ending December 31, 2024; ii. approve and take on record the audited consolidated financial results of the Company and its subsidiaries under Ind AS for the quarter and nine-month period ending December 31, 2024; and iii. consider declaration of third interim dividend to the equity shareholders,” TCS said in a company filing.

The company also said that it has informed its ‘designated persons’ regarding the equity shares trading window closure from December 24, 2024 to 48 hours from the Q3 FY25 financial results announcement to prevent insider trading.

TCS stock is trading 1.3% up at ₹4,165.85 apiece on the NSE on Thursday, up from its previous close of ₹4,112.45 per share. The IT giant’s market capitalisation stands at ₹15,07,240.99 crore as per NSE data.

TCS Q3 results

TCS will announce its Q3 results on January 9, 2025. The company, which is the largest IT firm in India, generally announces its earnings after the market hours end, post 3:30 pm.

The company said in its regulatory filing that the earnings release will be after trading hours and the leadership of the company will host an earnings conference call at 7 pm to discuss its financial performance and address questions.

TCS Interim Dividend Record Date

The dividend record date for TCS is January 17, 2025. “The third interim dividend, if declared, shall be paid 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, which is the Record Date fixed for the purpose,” TCS filing read.

TCS Q2 results

In the July-September quarter of FY25, TCS reported a 7% year-over-year (YoY) jump in its consolidated revenue from operations to ₹64,259 crore from ₹59,692 crore in Q2FY24. Its net profit climbed to ₹11,909 crore, increasing 5% YoY compared to ₹11,342 crore in the same quarter of the previous fiscal. After the second quarter, the company announced an interim dividend of ₹10 per share in October.

About The Author

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Vani Dua is a journalism graduate from LSR College, Delhi. She is passionate about news and presently covers markets, business, economy, and other related fields. She is an avid reader and loves to spend her time weaving stories in her head.

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