TCS has released its September quarter results. The company's profit has been Rs 11909 crore, which is weaker than the estimate. There has been a decline of 1.1 percent on a quarter-on-quarter basis. In the first quarter, the company's profit was Rs 12040 crore. Whereas the market had estimated a profit of Rs 12422 crore. The company's quarterly income has been better than estimates. However, both EBIT and EBIT margin have been less than estimates. Along with the quarterly results, the company has announced the second interim dividend for its investors. Shareholders will get a dividend of Rs 10 per share. The results have been released after the market closed. In Thursday's trading, TCS stock closed at 4228.4.

How were the quarterly figures?

TCS's income has increased from Rs 62,613 crore to Rs 64,259 crore as compared to the previous quarter. The market was expecting an income of Rs 64160 crore. On the other hand, EBIT increased from Rs 15,442 crore to Rs 15,465 crore as compared to the previous quarter. The estimate for EBIT was Rs 15950 crore. EBIT margin has been at 24.1 percent which was 24.7 percent a quarter ago. The market was expecting a margin of 24.9 percent. Apart from this, the company's dollar income has been close to the estimates. Dollar revenue has increased by 2.2 percent to $ 767 crore as compared to the previous quarter; the estimate was $ 765.7 million. The attrition rate of the company's employees has been 12.3 percent which was 12.1 percent a quarter ago. The company has added 5726 new employees during the quarter. In the first quarter, this figure was 5452. What information was given about the business According to the company, Energy Resources and Utility has seen a CC growth of 7 percent compared to last year, while manufacturing has seen a growth of 5.3 percent. On the other hand, the Communications and Media segment has seen a negative growth of 10 percent. Talking about the markets, the company recorded a rapid growth of 95 percent in India, while Latin America saw a growth of 6.8 percent and Asia Pacific saw a growth of 7.5 percent. However, North America recorded a negative growth of 2.1 percent .