TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 read with Schedule III Part A Para A and Regulation 47 of SEBI Listing Regulations, we hereby enclose copies of newspaper advertisement published in Business Standard (English), Free Press Journal (English) and Navshakti (Marathi), regarding the notice of declaration of third interim dividend, special dividend and record date.
Hold TCS; target of Rs 3200: Emkay Global Financial
Emkay Global Financial recommended hold rating on TCS with a target price of Rs 3200 in its research report dated January 10, 2022. Q3FY23 Quarterly Result Announced for Tata Consultancy Services Ltd.
Software and service company Tata Consultancy Services announces Q3FY23 results: Revenue at Rs 58,229 crore, +19.1% YoY, +13.5% YoY in constant currency Order Book at $7.8 billion and Book to Bill at 1.1 Operating Margin at 24.5%; contraction of 0.5% YoY Net Income at Rs 10,846 crore, +11% YoY and Net Margin at 18.6% Net Cash from Operations at Rs 11,154 crore i.e. 102.8% of Net Income Net headcount addition of -2,197; Workforce strength: 6,13,974 Diverse and inclusive workplace - Women in the workforce: 35.7% and 153 Nationalities Building a G&T; workforce: 11.4 million learning hours clocked and 1.3 million competencies acquired LTM IT Services attrition rate at 21.3% Total Dividend per share of Rs 75 per share including Rs 67 as special dividend Record date 17/01/2023 and Payment date 03/02/2023 Total Shareholder Payout of Rs 33,297 crore YTD Rajesh Gopinathan, Chief Executive Officer and Managing Director, said: “We are pleased with our strong growth in a seasonally weak quarter, driven by cloud services, market share gains through vendor consolidation, and continued momentum in North America and the UK. The sustained strength of demand for our services is a validation of the value we provide to our clients in helping them differentiate themselves while enhancing their competitiveness. Looking ahead, and beyond current uncertainties, our longer-term growth outlook remains robust.” N Ganapathy Subramaniam, Chief Operating Officer and Executive Director, said: “As I look back at 2022, it’s gratifying to see the privileged partnership that we continue to enjoy with our clients globally. In a hybrid working model, we delivered many complex transformation programs tailored to the specific needs of our clients’ ecosystem with speed and agility. It’s also refreshing to see our delivery centres and PacePort labs busy with our consultants and client executives jointly reimagining solutions to deliver the future, now. The year also saw us embracing data, AI and ML holistically to disrupt ourselves and drive competitive advantage to our clients’ businesses. All these augur well for our future as we step into 2023.” Samir Seksaria, Chief Financial Officer, said: “Improved productivity, currency support and abating supply side challenges helped expand our operating margin in Q3. This gives us greater confidence in our ability to steer our profitability towards our preferred range while continuing to invest in building newer capabilities to support our growth and market share gains.” Result PDF
Results Earnings Call for Q3FY23 of Tata Consultancy Services (TCS)
Conference Call with Tata Consultancy Services Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
TCS looks well placed to sail through turbulent macroeconomic scenario in key markets
While the management has expressed confidence over the demand momentum, caution is in the air given that over three-fourth of its revenue is generated in the US and Europe, the regions that are likely to be affected due to macroeconomic challenges. TATA CONSULTANCY SERVICES LTD. - 532540 - Audio And Video Recording Of The Press Conference And Audio Recording Of Earnings Conference Call For The Quarter Ended December 31, 2022
Audio and video recording of the press conference and audio recording of earnings conference call for the Quarter Ended December 31, 2022
TCS new record: 1.25 lakh employees are with company for over 10 years
TCS workforce stood at 613,974 by end of the December 2022 quarter, while attrition rate for the quarter ending December 31, 2022, inched lower to 21.3% TATA CONSULTANCY SERVICES LTD. - 532540 - Disclosures Under Regulation 30(1) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
This is to inform you that based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors, at its meeting held today, has approved the appointment of Dr Pradeep Kumar Khosla as an Additional Director and re-appointment as a Non-Executive Independent Director for a second consecutive term of 5 years from January 11, 2023 up to January 10, 2028, subject to approval of the Members. Dr Pradeep Kumar Khosla has not been debarred from holding office of Director by virtue of any Order passed by Securities and Exchange Board of India or any other authority. There is no inter-se relationship between Dr. Pradeep Kumar Khosla and any other member of the Board. Brief profile of Dr Pradeep Kumar Khosla is enclosed herewith. TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Date of payment of Dividend
We would like to inform you that at the Board Meeting held today, the Directors have declared a third interim dividend of Rs. 8 and a special dividend of Rs. 67 per Equity Share of Re. 1 each of the Company. The third interim dividend and the special dividend shall be paid on Friday, February 3, 2023, to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Tuesday, January 17, 2023, which is the Record Date fixed for the purpose. TATA CONSULTANCY SERVICES LTD. - 532540 - Corporate Action-Board approves Dividend
We would like to inform you that at the Board Meeting held today, the Directors have declared a third interim dividend of Rs. 8 and a special dividend of Rs. 67 per Equity Share of Re. 1 each of the Company. The third interim dividend and the special dividend shall be paid on Friday, February 3, 2023, to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Tuesday, January 17, 2023, which is the Record Date fixed for the purpose.