Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,
· Share buyback of up to ₹ 17,000 Cr approved · Buyback set at ₹ 4150 per share · Interim dividend of ₹ 9 per share announced · S. Sukanya appointed as the CIO
· Revenue: ₹ 59,692 Cr · Growth: 7.9% YoY · Net Profit: ₹ 11,342 Cr · Order Book Value: ₹ 93,143 Cr
BFSI is TCS's largest segment at 32.6%, followed by Consumer business at 15.9%. Life Sciences saw a strong 5.8% YoY growth.
TCS, like many Indian IT firms, garners 51.7% of revenue from North America. Europe and UK contribute around 31.4%. YoY growth stands at 2.8%.
· Interim dividend of ₹ 9 per share announced · The Earnings Per Share (EPS) jumped to ₹ 31 per share from ₹ 28.51