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TCS Q3 net profit rises 12%, employee base dips
January 10, 2025
|Hindustan Times West UP
India's largest IT services company TCS on Thursday reported an 11.95% jump in net profit at ₹12,380 crore in the December quarter while the overall workforce reduced by over 5,000 employees.
MUMBAI:
The Tata Group company had reported a net profit of ₹11,058 crore in the year-ago period, and ₹11,909 crore in the preceding September quarter.
The company's revenue grew 5.6% to ₹63,973 crore as against ₹60,583 crore a year earlier. However, it was down from ₹64,259 crore in the September quarter.
New order bookings came at $10.2 billion in what is termed as a seasonally challenging quarter due to the holiday season.
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