{"id":1241499,"date":"2023-01-11T10:22:59","date_gmt":"2023-01-11T04:52:59","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1241499"},"modified":"2023-01-11T10:23:40","modified_gmt":"2023-01-11T04:53:40","slug":"tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/","title":{"rendered":"TCS Earned Rs 29 Crore\/Day In Last 90 Days; Declares Rs 75\/Share Dividend As Profits Surge by 11%, Revenues Up By 19%"},"content":{"rendered":"\n

The country\u2019s largest IT company Tata Consultancy Services has released its earnings<\/a> result for the quarter ending on December 31, 2022.<\/p>\n\n\n\n

\"TCS<\/figure>\n\n\n\n

The IT giant posted a rise in consolidated net profit by 10.98% in the December quarter on a YoY basis at Rs 10,883 crore, compared to a profit of Rs 9,806 crore in the same quarter last year.<\/p>\n\n\n\n

The company\u2019s consolidated revenue from operations came in 19.11% higher on a YoY basis at Rs 58,229 crore in Q2 FY23 from Rs 48,885 crore in the year ago period, beating estimates set by market analysts.<\/p>\n\n\n\n

According to analysts\u2019 expectations, TCS was likely to post a 2.9% rise in revenue on a QoQ basis and a 7.8% QoQ rise was pegged for its net profit in the third quarter of the current fiscal year.<\/p>\n\n\n\n

The IT major\u2019s revenue climbed 13.5% YoY in constant currency terms, as the growth was led by businesses in North America and the UK that rose 15..4% YoY, the company stated.<\/p>\n\n\n\n

TCS\u2019 operating margin contracted by 0.5% to 24.5% in the December 2022 quarter and net margin of the company came in at 18.6%. The company\u2019s order book in the quarter stands at $7.8 billion.<\/p>\n\n\n\n

Further, the Tata Group giant also announced its third interim dividend of FY23 of Rs 75\/share, along with a special dividend of Rs 67 to its shareholders for the current fiscal.<\/p>\n\n\n\n

The record date for the two dividends have been set as January 17, 2023, while the payment will be made on February 3, 2023.<\/p>\n\n\n\n

According to the CEO & MD of TCS, Rajesh Gopinathan, \u201cThe sustained strength of demand for our services is a validation of the value we provide to our clients in helping them differentiate themselves while enhancing their competitiveness. Looking ahead, and beyond current uncertainties, our longer-term growth outlook remains robust.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"

The country\u2019s largest IT company Tata Consultancy Services has released its earnings result for the quarter ending on December 31, 2022. The IT giant posted a rise in consolidated net profit by 10.98% in the December quarter on a YoY basis at Rs 10,883 crore, compared to a profit of Rs 9,806 crore in the […]<\/p>\n","protected":false},"author":30,"featured_media":1241505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[92,509],"class_list":["post-1241499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-tcs","tag-tcs-profits"],"acf":[],"yoast_head":"\nTCS Earned Rs 29 Crore\/Day In Last 90 Days; Declares Rs 75\/Share Dividend As Profits Surge by 11%, Revenues Up By 19% - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TCS Earned Rs 29 Crore\/Day In Last 90 Days; Declares Rs 75\/Share Dividend As Profits Surge by 11%, Revenues Up By 19% - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"The country\u2019s largest IT company Tata Consultancy Services has released its earnings result for the quarter ending on December 31, 2022. The IT giant posted a rise in consolidated net profit by 10.98% in the December quarter on a YoY basis at Rs 10,883 crore, compared to a profit of Rs 9,806 crore in the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-11T04:52:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-11T04:53:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/01\/TTCCSS-2-1-1024x576-1-1024x576-2-1280x720-2-1024x576.jpeg\" \/>\n<meta name=\"author\" content=\"Mohul Ghosh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohul Ghosh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/\",\"url\":\"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/\",\"name\":\"TCS Earned Rs 29 Crore\/Day In Last 90 Days; Declares Rs 75\/Share Dividend As Profits Surge by 11%, Revenues Up By 19% - Trak.in - Indian Business of Tech, Mobile & Startups\",\"isPartOf\":{\"@id\":\"https:\/\/trak.in\/stories\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/01\/TTCCSS-2-1-1024x576-1-1024x576-2-1280x720-2.jpeg\",\"datePublished\":\"2023-01-11T04:52:59+00:00\",\"dateModified\":\"2023-01-11T04:53:40+00:00\",\"author\":{\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/#primaryimage\",\"url\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/01\/TTCCSS-2-1-1024x576-1-1024x576-2-1280x720-2.jpeg\",\"contentUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/01\/TTCCSS-2-1-1024x576-1-1024x576-2-1280x720-2.jpeg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trak.in\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TCS Earned Rs 29 Crore\/Day In Last 90 Days; Declares Rs 75\/Share Dividend As Profits Surge by 11%, Revenues Up By 19%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trak.in\/stories\/#website\",\"url\":\"https:\/\/trak.in\/stories\/\",\"name\":\"Trak.in - Indian Business of Tech, Mobile & Startups\",\"description\":\"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trak.in\/stories\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7\",\"name\":\"Mohul Ghosh\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g\",\"caption\":\"Mohul Ghosh\"},\"url\":\"https:\/\/trak.in\/stories\/author\/mohul-ghosh\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"TCS Earned Rs 29 Crore\/Day In Last 90 Days; Declares Rs 75\/Share Dividend As Profits Surge by 11%, Revenues Up By 19% - Trak.in - Indian Business of Tech, Mobile & Startups","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/","og_locale":"en_US","og_type":"article","og_title":"TCS Earned Rs 29 Crore\/Day In Last 90 Days; Declares Rs 75\/Share Dividend As Profits Surge by 11%, Revenues Up By 19% - Trak.in - Indian Business of Tech, Mobile & Startups","og_description":"The country\u2019s largest IT company Tata Consultancy Services has released its earnings result for the quarter ending on December 31, 2022. The IT giant posted a rise in consolidated net profit by 10.98% in the December quarter on a YoY basis at Rs 10,883 crore, compared to a profit of Rs 9,806 crore in the […]","og_url":"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/","og_site_name":"Trak.in - Indian Business of Tech, Mobile & Startups","article_published_time":"2023-01-11T04:52:59+00:00","article_modified_time":"2023-01-11T04:53:40+00:00","og_image":[{"url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/01\/TTCCSS-2-1-1024x576-1-1024x576-2-1280x720-2-1024x576.jpeg","type":"","width":"","height":""}],"author":"Mohul Ghosh","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mohul Ghosh","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/","url":"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/","name":"TCS Earned Rs 29 Crore\/Day In Last 90 Days; Declares Rs 75\/Share Dividend As Profits Surge by 11%, Revenues Up By 19% - Trak.in - Indian Business of Tech, Mobile & Startups","isPartOf":{"@id":"https:\/\/trak.in\/stories\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/#primaryimage"},"image":{"@id":"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/#primaryimage"},"thumbnailUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/01\/TTCCSS-2-1-1024x576-1-1024x576-2-1280x720-2.jpeg","datePublished":"2023-01-11T04:52:59+00:00","dateModified":"2023-01-11T04:53:40+00:00","author":{"@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7"},"breadcrumb":{"@id":"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/#primaryimage","url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/01\/TTCCSS-2-1-1024x576-1-1024x576-2-1280x720-2.jpeg","contentUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/01\/TTCCSS-2-1-1024x576-1-1024x576-2-1280x720-2.jpeg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/trak.in\/stories\/tcs-earned-rs-29-crore-day-in-last-90-days-declares-rs-75-share-dividend-as-profits-surge-by-11-revenues-up-by-19\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trak.in\/stories\/"},{"@type":"ListItem","position":2,"name":"TCS Earned Rs 29 Crore\/Day In Last 90 Days; Declares Rs 75\/Share Dividend As Profits Surge by 11%, Revenues Up By 19%"}]},{"@type":"WebSite","@id":"https:\/\/trak.in\/stories\/#website","url":"https:\/\/trak.in\/stories\/","name":"Trak.in - Indian Business of Tech, Mobile & Startups","description":"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trak.in\/stories\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7","name":"Mohul Ghosh","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g","caption":"Mohul Ghosh"},"url":"https:\/\/trak.in\/stories\/author\/mohul-ghosh\/"}]}},"jetpack_featured_media_url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/01\/TTCCSS-2-1-1024x576-1-1024x576-2-1280x720-2.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1241499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/comments?post=1241499"}],"version-history":[{"count":1,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1241499\/revisions"}],"predecessor-version":[{"id":1241506,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1241499\/revisions\/1241506"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media\/1241505"}],"wp:attachment":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media?parent=1241499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/categories?post=1241499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/tags?post=1241499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}