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TCS Q1 profit down 2.7% QoQ at Rs 13,349 crore, revenue beats estimates; board declares Rs 12 dividend

TCS reported a decline in Q1 net profit, following a one-time settlement of Rs 668 crores after its appeal was rejected in the DXC Technology trade secret lawsuit. Liked this AI Summary? Join our AI Workshop Tata Consultancy Services (TCS) reported a consolidated net profit of Rs 13,349 crore for the fiscal first quarter, down 2.7 percent quarter-on-quarter, accounting for a one-time settlement of Rs 668 crores... [2277 chars]

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