Tata Consultancy Services (TCS), India's largest IT services company, has announced its Q4 FY25 results, which were below analyst expectations. Here are the key highlights:
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Revenue and Profit: TCS reported a consolidated revenue from operations of ₹644.79 billion, slightly below the estimated ₹647.58 billion. Net profit stood at ₹122.24 billion, falling short of the projected ₹126.54 billion.
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Dividend Announcement: The company declared a final dividend of ₹30 per equity share for FY25, bringing the total dividend for the year to ₹126.
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Deal Wins: TCS secured a record $12.2 billion in deal wins during the quarter, surpassing previous expectations.
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Market Reaction: Despite the mixed results, TCS's stock closed 1.64% lower at ₹3,239, reflecting a year-to-date decline of 21%.
Source: Financial Express, News18, Moneycontrol, Economic Times, CNBC-TV18