Tata Consultancy Services reported a modest sequential net profit growth of 3.9% to Rs 12,380 crore in Q3FY25 amidst reduced demand in the US and UK markets and declining discretionary tech spending. Revenue saw a 0.44% decrease, and headcount dropped by 5,370 employees. Despite the downturn, TCS remains hopeful for a better fiscal year ahead.
Infosys dividend alert! IT major announces Rs 26 per share dividend. Check record date
Infosys has declared an interim dividend of Rs 26 per equity share for its shareholders. The record date for this dividend is set for November