TCS Vs Wipro Dividends: Two mega IT companies of India have announced their Q4 results, with Azim Premji-backed Wipro being the latest to join the wagon. Tata Group-backed TCS kicked off the Q4FY25 season for the sector with its earnings last week. However, one of them has outperformed the other, while the other has announced big dividend rewards. Find out!
Wipro Beats Estimates:
The Azim Premji-backed Wipro announced upbeat earnings in Q4FY25, with double-digit growth in net profit and positive revenue. The majority of experts had predicted Wipro's revenue in the red.
In Q4FY25, Wipro recorded a consolidated net profit of Rs 3,569.6 crore, rising by a consolidated net profit of Rs 3,569.6 crore. Also, its gross revenue stood at Rs 225,042 crore in Q4FY25, which is mildly up by 1.3% YoY and 0.8% QoQ. Wipro performed better in profitability terms compared to TCS.
TCS announced its earnings on April 10. Tata's flagship behemoth reported a net profit of Rs 12,224 crore, on a consolidated basis, which was down by 1.7% YoY and 1.26% QoQ. However, TCS' revenue zoomed by single-digit growth of 5.76% YoY and 0.79% QoQ to Rs 64,479 crore.
Who Is Going To Dividend Rewards After Q4 Results?
Drum Roll! It will be Tata Group's TCS that has announced final dividend rewards for investors after Q4FY25.
TCS Dividend:
Last week, TCS declared its final dividend of Rs 30 per share for FY25. The record date and payment details will be announced in due course.
In its regulatory filing on April 10, TCS said, "The Directors have recommended a Final Dividend of INR 30 per Equity Share of INR 1 each of the Company which shall be paid/dispatched on the fifth day from the conclusion of the 30th Annual General Meeting, subject to the approval of the shareholders of the Company."
Before this, TCS rewarded investors with a whopping Rs 76 dividend per share in January 2025. The total payout included a Rs 66 special dividend and a Rs 10 interim dividend. For FY25, TCS also rewarded interim dividends of Rs 10 each in July and October of last year.
In the past 12 months, TCS paid up to Rs 124 dividends per share. However, as per Trendlyne data, the company has distributed about 88 dividends since October 2004.
Wipro Dividend:
As per the regulatory filing dated April 16, 2025, Wipro said, the interim dividend of Rs 6 declared by the Board at its meeting held on January 17th, 2025, shall be considered as final dividend for the financial year 2024-25.
This was Wipro's highest dividend payout since June 2015. As per Trending data, Wipro delivered Re 1 each dividend per share in 2024 and 2023, followed by two dividend payouts of Rs 5 and Rs 1 in 2022. The payout was again Re 1 each from 2021 to 2018. Wipro delivered a Rs 2 dividend in 2017, followed two dividends of Rs 5 and Re 1 in 2016. The highest payout was seen in 2015, where Wipro paid one interim dividend of Rs 5 and final dividend of Rs 7.
Who Has Better Dividend Yield?
As of April 16, 2025, Wipro has a dividend yield of 2.42%, while TCS has a dividend yield of 3.79% .
Currently, Wipro's share price is at Rs 247.50 apiece, with market cap of Rs 2,59,189.44 crore. Its return on equity is at 16.38%, as per BSE data.
Meanwhile, TCS share price stood at Rs 3274 apiece, with market cap of Rs 11,84,561.85 crore, making this Tata company the largest in Indian IT sector. Its return on equity is around 57.71%.
Disclaimer: The write-up is just for information purposes, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on article mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.
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