Tata Consultancy Services (TCS) posted a 9% increase in consolidated net profit for Q4 ended March 31, 2024, reaching Rs 12,434 crore, driven by record deal wins. Revenue from operations stood at Rs 61,237 crore, up 3.5% YoY. FY24 saw a consolidated net profit of Rs 45,908 crore and revenue of Rs 2,40,893 crore. The company announced a final dividend of Rs 28 per share and revealed wage hikes of 4.5% to 7% for employees, with top performers receiving double-digit increases. TCS plans to recruit 40,000 freshers in FY25.
TCS Reports 9% Rise in Q4 Profit, Record Deal Wins
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