TCS shares rose nearly 3% on July 12 after reporting strong Q1 results.
TCS reported an 8.72% YoY rise in net profit to ₹12,040 crore and a 5.4% revenue increase. Operating margin hit 24.7%.
TCS announced an interim dividend of ₹10 per equity share for FY 2024-25, showing confidence in future growth.
TCS's management sees a healthy order pipeline despite current moderation, indicating steady future growth.