India's largest software exporter, Tata consultancy Services (TCS), today reported a 29.21 per cent rise in its consolidated net profit at Rs 1,642.21 crore for the second quarter ended September 30, 2009.

The company had a net profit of Rs 1,270.99 crore in the September quarter of FY09, TCS said in a filing to the Bombay Stock Exchange (BSE).

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The company declared an interim dividend of Rs 2 per equity share of Re 1 each (200 per cent dividend).

Shares of TCS settled at Rs 599, up 2.84 per cent from the previous close on the BSE.

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