Tata Consultancy Services Posts Higher Fiscal Q1 Consolidated Profit; Declares Interim Dividend

Tata Consultancy Services (NSE:TCS) attributable consolidated profit increased to 133.5 billion Indian rupees in the fiscal first quarter ended June 20, from 127.6 billion rupees a year ago. Earnings per share climbed to 36.90 rupees from 35.27 rupees a year earlier, according to a Thursday filing to the Indian bourses by the technology giant. Revenue from operations in fiscal Q1 also rose year on year to 722.8 billion rupees from 634.4 billion rupees. The company's board declared an interim dividend of 12 rupees per share, payable July 21 to shareholders of record on July 15.