Dividend of Rs 7 per share for shareholders
The country’s largest IT company Tata Consultancy Services (TCS) has released its first quarter results for the financial year 2021-22. The company’s profit declined during April-June. Consolidated profit declined to Rs 9,010 crore from Rs 9,246 crore as per the previous quarter.
There has been an increase in the income of the company, the income of the company has increased from Rs 43,750 to Rs 45,410 crore. Apart from this, there has also been a decrease in working profit, working profit has come down from Rs 11,734 crore to Rs 11,588 crore. Apart from this, the company has announced a dividend of Rs 7 per share to the shareholders.
According to the company, the company has received orders worth $ 810 million in the first quarter. TCS consolidated dollar earnings increased from $5989 million to $6154 million, according to exchange filings. In addition, the company’s retail and consumer packaged goods business also grew by 21.7% from last year and 4.4% from the previous quarter.