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TCS Q3 net profit rises 12% to ₹12,380 crore
January 10, 2025
|The New Indian Express Tiruchy
Earnings beat Street estimates, company reports 5.6% increase in revenue at ₹63,973 crore for the quarter
THE country's largest IT services company Tata Consultancy Services (TCS) on Thursday beat Street estimates and reported a 12% increase in its net profit at ₹12,380 crore for the third quarter ended December 2024 compared to ₹11,058 crore in the same quarter last year.
However, excluding the settlement of the legal claim that it had incurred in Q3 FY24, its y-o-y net income growth stood at 5.5%. The company's net margin for the third quarter was at 19.4%. Its revenue for the quarter ended December 2024 was at ₹63,973 crore, up 5.6% YoY.
In Q3, the company saw macro factors of Q2 continuing as well as it was coupled with seasonality. "The third quarter also showed softness in discretionary demand so they contributed to the negative sequential growth in all major markets," said K Krithivasan, Chief Executive Officer and Managing Director, TCS.
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The New Indian Express Tiruchy
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November 11, 2025
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1 mins
November 11, 2025
The New Indian Express Tiruchy
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1 min
November 11, 2025
The New Indian Express Tiruchy
TRAI seeks views on interconnection framework for Satcoms
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The New Indian Express Tiruchy
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3 mins
November 11, 2025
The New Indian Express Tiruchy
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1 mins
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The New Indian Express Tiruchy
New cancer vax that will only destroy cancer cells?
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2 mins
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The New Indian Express Tiruchy
RESILIENT AIRPORT INFRA NEEDED AGAINST SPOOFING
T’S a form of electronic warfare that’s typically reported from conflict zones or borders.
1 mins
November 11, 2025
The New Indian Express Tiruchy
Thailand warns of halting Cambodia truce
THAILAND threatened on Monday to suspend a US-brokered ceasefire agreement with Cambodia, with the country’s prime minister saying all actions under the deal will be halted, just hours after a land mine explo-
1 min
November 11, 2025
The New Indian Express Tiruchy
Tejashwi, EC in war of words over data
RJD leader and the Opposition’s chief ministerial face Tejashwi Yadav on Monday slammed the Election Commission (EC) for not disclosing gender-wise voter data in the first phase of Bihar polls.
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November 11, 2025
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