TCS dividend! IT giant declares second interim dividend of Rs 12 per share for FY27

TCS, India's largest IT company, has declared a second interim dividend of Rs 12 per share for the current financial year FY27. This move indicates the company's confidence in its financial performance, which has seen a 15% rise in Q2 net profit to Rs 13,884 crore. The dividend payout is significant for investors, as it reflects the company's ability to generate profits and distribute them to shareholders. This development is likely to boost investor sentiment and contribute to the overall growth of the Indian stock market.

Why it matters

TCS has declared a second interim dividend of Rs 12 per share for FY27, which could lead to increased investor confidence and a positive impact on the company's stock price. The dividend declaration is a result of the company's strong financial performance,

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