TCS declares dividend of ₹6 per share as Q3 results beat estimates

IT major Tata Consultancy Services (TCS) on Friday reported 7.17% increase in net profit for the quarter ending 31 December, 2020 (Q3) at ₹8,701 crore as against ₹8,118 crore in Q3 in 2019. It further announced interim dividend of ₹6 per equity share as results beat analysts' estimates. This is the strongest December quarter growth in nine years, TCS said.