TCS Launches Contest for Teachers, Surges as India's 2nd Most Valued Firm
The contest and the company's growing market valuation reflect TCS's commitment to education and community impact, as well as its strong financial performance, with the company announcing an interim dividend of Rs 10 per share and a special dividend of Rs 66 per share in Q3 FY 2025.
Tata Consultancy Services (TCS) has launched the 2025 Team TCS Teachers contest in North America, aimed at celebrating and empowering educators, while also becoming India's second most valued firm after its market valuation surged by Rs 46,094.44 crore to Rs 13,06,599.95 crore this week.
The contest, open to educators in the US and Canada, will run from March 10 to 31, and selected teachers will receive VIP entry into major marathons, including the TCS New York City Marathon, TCS Toronto Waterfront Marathon, and the Bank of America Chicago Marathon. They will also gain access to a closed Facebook group of past participants and exclusive training support. Additionally, STEM education resources will be made available to all contest applicants and winners.
TCS has a long-standing commitment to education, technology, and community impact, and the program aims to recognize outstanding teachers and inspire them to achieve their personal and professional goals. The contest will be judged based on the impact, creativity, and commitment to making a difference of the submitted stories. The company's CEO and MD, K Krithivasan, has led TCS since June 2023, and in Q3 FY 2025, TCS reported a 12% increase in consolidated net profit to Rs 12,380 crore.
The surge in TCS's market valuation is part of a larger trend, with the combined market valuation of seven top firms increasing by Rs 2,10,254.96 crore. Reliance Industries and TCS led the gains, with Reliance Industries' market cap increasing by Rs 66,985.25 crore to Rs 16,90,328.70 crore. TCS's market cap surpassed that of Hindustan Unilever, making it the second most valued firm in India.
