Mumbai: Tata Consultancy Services (TCS), the country's top technology services company, seen profits in the July-September quarter. In this era of recession, while all the companies of the country are eating dives, these results of TCS are a relief for the company. Announcing the quarterly results, the company said that its net profit had increased by 1.8 per cent to Rs 8,042 crore. Its revenue increased by 5.8 per cent to Rs 38,977 crore as compared to Rs 36,854 crore in the same period a year ago.

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The company has announced a total of Rs 45 per share, including a special dividend of Rs 40. The board of directors of the company has announced a second interim dividend of five rupees and a special dividend of 40 rupees per equity share on one rupee share. According to TCS Chief Executive Officer and Managing Director Rajesh Gopinathan, despite the ups and downs in the financial services and retail sectors, we have recorded steady growth during the quarter. 'Medium and long-term demand for our services is strong.' For information, let us tell that Tata Consultancy Services was ranked the world's third most valuable IT services brand in 2018-19.

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