Tata Consultancy Services on Monday announced a final dividend of Rs 27 per equity share, or 2,700 per cent, on face value of Rs 1 for the financial year ended March 31, 2016. The dividend will be paid on the seventh day from the conclusion of the Annual General Meeting (AGM).
The company also announced its results for the quarter as well as financial year ended March 2016. The company reported 5.42 per cent quarter-on-quarter (qoq) rise in its consolidated net profit figures at Rs 6,413.12 crore against net profit of Rs 6,083.39 crore in the sequential quarter a year ago. TCS registered net profit of Rs 3,712.67 crore in the corresponding quarter a year ago.
The company had earlier paid an interim of 550 per cent on Januray 21, 2016.
Consolidated revenue of TCS jumped by 3.96 per cent qoq to Rs 28,448.61 crore. Topline of TCS stood at Rs 27364.01 crore in the sequential quarter ended December 2015.