TCS Q3 net up 6%, to pay 300% interim dividend

Tata Consultancy Services (TCS) today reported a 5.57% increase in consolidated net profit at Rs 753.08 crore for the third quarter ended December 31, 2005 as againt Rs 713.31 crore in Q3FY05.

According to a release issued by TCS to the BSE today, total income increased to Rs 3,302.54 crore in Q3FY06 from Rs 2,696.86 crore in Q3FY05.

The board has declared a third interim dividend of 300% i.e Rs 3 per equity share of Re 1/- each.