TCS announces dividend of Rs75 per share in Q3FY23

10 Jan 2023 , 09:25 AM

Tata Consultancy Limited announced its results for the quarter and nine-months ended December 31, 2022. 

The company informed that the board of directors have declared a third dividend of Rs8 and a special dividend of Rs67 per share of Rs1 each.

The company said in its exchange filing that the third interim dividend and the special dividend will be paid on Friday, February 3, 2023, to the equity shareholders of the company whose names appear on the company’s register of members or in the depositories’ records as beneficial owners of the shares as of Tuesday, January 17, 2023, which is the record date.

TCS logged 19.10% yoy growth in revenue during the quarter at Rs58,229 crore. Company’s net income grew by 11% yoy at Rs10,846 crore.

The company highlighted that total shareholder pay out during the quarter stands at Rs33,297 crore.

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