diff --git a/crates/ruff/resources/test/fixtures/tryceratops/TRY300.py b/crates/ruff/resources/test/fixtures/tryceratops/TRY300.py
index c45af4acb19fe1..e808302647168d 100644
--- a/crates/ruff/resources/test/fixtures/tryceratops/TRY300.py
+++ b/crates/ruff/resources/test/fixtures/tryceratops/TRY300.py
@@ -40,8 +40,9 @@ def noreturn():
         logger.exception("process failed")
 
 
-def still_good():
+def good_return_with_side_effects():
     try:
+        pass
         return process()
     except MyException:
         logger.exception("process failed")
diff --git a/crates/ruff/src/rules/tryceratops/rules/try_consider_else.rs b/crates/ruff/src/rules/tryceratops/rules/try_consider_else.rs
index 35cd3275397037..fb50c685cf2c19 100644
--- a/crates/ruff/src/rules/tryceratops/rules/try_consider_else.rs
+++ b/crates/ruff/src/rules/tryceratops/rules/try_consider_else.rs
@@ -2,6 +2,7 @@ use rustpython_parser::ast::{Excepthandler, Stmt, StmtKind};
 
 use ruff_diagnostics::{Diagnostic, Violation};
 use ruff_macros::{derive_message_formats, violation};
+use ruff_python_ast::helpers::contains_effect;
 use ruff_python_ast::types::Range;
 
 use crate::checkers::ast::Checker;
@@ -25,7 +26,12 @@ pub fn try_consider_else(
 ) {
     if body.len() > 1 && orelse.is_empty() && !handler.is_empty() {
         if let Some(stmt) = body.last() {
-            if let StmtKind::Return { .. } = &stmt.node {
+            if let StmtKind::Return { value } = &stmt.node {
+                if let Some(value) = value {
+                    if contains_effect(&checker.ctx, value) {
+                        return;
+                    }
+                }
                 checker
                     .diagnostics
                     .push(Diagnostic::new(TryConsiderElse, Range::from(stmt)));