Bengaluru, May 28 -- Tata Sons received less money from Tata Consultancy Services Ltd in 2024-25 than in the year before, a first year-over-year decline since India's largest information technology services company went public in August 2004.

TCS had accounted for about 84% of the Tata Group holding company's total income in 2023-24.

Tata Sons earned Rs.1,333 crore less in FY25 dividend income from TCS at a time when it needs more money to bankroll its group companies' new but loss-making businesses, including assembling iPhones for Apple Inc. (Tata Electronics Pvt. Ltd), running Air India, and building an e-commerce business under Tata Digital Ltd.

TCS returned Rs.45,588 crore to shareholders in FY25, representing a 4% decline from th...