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flag TCS profit fell 13.9% YoY in Dec quarter due to one-time labor code costs, despite revenue growth and a ₹57 dividend.

flag TCS reported a 13.9% year-on-year drop in December quarter net profit to ₹10,657 crore, citing one-time costs from new labour codes as a key factor. flag Revenue rose 4.9% to ₹67,087 crore, exceeding estimates. flag The company attributed the profit decline to compliance and restructuring expenses, calling the impact temporary. flag TCS maintained its leadership in India’s IT sector and declared a ₹57 dividend.

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