The BSE saw a 4% increase in TCS share price in early trading on Friday, July 12, the day after the firm released its scorecard for the April-June quarter. After closing at ₹3,922.70, TCS shares started at ₹4,001.15 and quickly increased to ₹4,034.90. The TCS stock increased 2.5 percent at ₹4,019.95 a share at approximately 9:20 a.m. At that point, the equity benchmark Sensex was up 0.07 percent, or 79,956.

On Thursday, July 11, TCS reported that its consolidated net profit for Q1FY25 increased by 8.72% YoY to ₹12,040 crore. The company’s earnings for the same period the previous year was ₹11,074 crore.

With ₹62,613 crore in overall revenue from operations for the quarter, it increased 5.4% YoY from ₹59,381 crore in Q1FY24. The company’s revenue increased by 4.4% YoY in constant currency (CC) terms.

Operating margin increased 1.5% year over year to reach 24.7%. For the fiscal year 2024–2025, the company also declared an interim dividend of ₹10 per equity share.

As of 11:15 am, TCS shares were trading 4.07% higher at ₹4083.20.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.