By Jomy Jos Pullokaran | Oct 11, 2023 7:35 PM IST (Updated)
Summary
homeearnings NewsTCS Q2 Results Highlights: Net profit rises 9% to ₹11,342 crore, approves share buyback up to ₹17,000 crore
TCS Q2 Results Highlights: Net profit rises 9% to ₹11,342 crore, approves share buyback up to ₹17,000 crore
Live Updates
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Oct 11, 2023 7:34 PM
TCS declares second interim dividend of Rs 9 per share, fixes record date
The record date for the said interim dividend has been fixed on Thursday, October 19, 2023. The dividend shall be paid on Tuesday, November 7, 2023, to the equity shareholders of the company, whose names appear on the register of members of the company, TCS said in a filing.
Oct 11, 2023 7:31 PM
TCS boasts over a lakh strong GenAI-ready workforce but total headcount dips more than 6,300 in Q2
TCS hiring in Q2: The attrition rate at Tata Consultancy Services has reduced 14.9% during the quarter against 17.7% in the previous quarter. 'The employee base continues to be very diverse, with 35.8% women and with 152 nationalities,' TCS added.
Oct 11, 2023 6:52 PM
TCS Q2 Result LIVE: TCS on bribes for jobs
We have completed our investigation. We have taken action on those who have violated our code of conduct. Actions based on kind of violations.
Oct 11, 2023 6:32 PM
TCS Q2 Result LIVE: Company on Work from Home
We have the system, and rules to adapt ourselves for the right things in every project. We discussed this internally and now we advise employees to come to the office and the advantages are being realised. 70% of employees are already coming to the office now. It is advisable for all to come to the office and it is the need of the hour and this is the TCS way of working, TCS said
Oct 11, 2023 6:31 PM
TCS Board approves share buyback up to Rs 17,000 crore at Rs 4,150 per share
The Indian information technology bellwether will repurchase shares at Rs 4,150 apiece in a buyback valued at Rs 17,000 crore. The Tata Group IT bellwether also announced an interim dividend of Rs 9 per share.
Oct 11, 2023 6:26 PM
TCS Q2 Results: US Dollar revenue declines for the first time in 17 quarters; board approves buyback, dividend
TCS has approved its fifth share buyback in the last six years. The company will be repurchasing shares at a price of Rs 4,150 per share. The total buyback consideration will be up to Rs 17,000 crore.
Oct 11, 2023 6:07 PM
TCS Q2 Result LIVE: Operating profit
The company's operating profit during the reporting quarter grew 9.1 percent to Rs 14,483 crore while operating margins widened by 25 bps to 24.3 percent.
Oct 11, 2023 6:00 PM
TCS Q2 Result LIVE: Dividend Approved
The IT company has announced its second interim dividend worth Rs 9 per share for the financial year 2024. The company had already announced dividends worth Rs 108 in the previous four instances.
The record date for the interim dividend has been fixed as October 19, 2023.
Oct 11, 2023 5:53 PM
TCS Q2 Result LIVE: US Dollar revenue declines for the first time in 13 quarters
Revenue in US Dollar terms stood at $7.2 billion, compared to estimates from a CNBC-TV18 poll of $7.28 billion. On a sequential basis, the company's US Dollar revenue declined by 0.2%, compared to estimates of 0.75% growth.
Oct 11, 2023 5:52 PM
TCS Q2 Result LIVE: Total employee count
With gross additions held below departures, TCS’ workforce stood at 608,985 as on September 30. The employee base continues to be very diverse, with 35.8% women and with 152 nationalities.
Oct 11, 2023 5:48 PM
TCS boasts over a lakh strong GenAI-ready workforce but total headcount dips more than 6,300 in Q2
TCS hiring in Q2: Tata Consultancy Services said that its Gen-AI ready workforce was over 100,000 strong at the end of September quarter. However, the firm’s overall headcount has dipped by more 6,300 employees in a quarter.
Oct 11, 2023 5:46 PM
TCS declares second interim dividend of Rs 9 per share, fixes record date
The record date for the said interim dividend has been fixed on Thursday, October 19, 2023. The dividend shall be paid on Tuesday, November 7, 2023, to the equity shareholders of the company, whose names appear on the register of members of the company, TCS said in a filing.
Oct 11, 2023 5:41 PM
Oct 11, 2023 5:40 PM
TCS Q2 Result LIVE: As on September 30, 2023, the company has applied for 7,665 patents, including 218 applied during the quarter, and has been granted 3,153 patents including 149 granted in Q2.
Oct 11, 2023 5:34 PM