Try GOLD - Free
TCS profit down 1.6% at ₹12,224 cr
The New Indian Express Tirunelveli
|April 11, 2025
Not seeing any major cancellations, says CEO; IT services company misses street estimates
THE country's largest IT services company Tata Consultancy Services (TCS) on Thursday missed Street expectations and posted a 1.68% decline in its consolidated net profit for Q4FY25 at ₹12,224 crore. The company had reported ₹12,434 crore in the same period the previous year.
It reported a 5.3% year-on-year (YoY) increase in March quarter revenue at ₹64,479 crore, driven by double-digit growth in regional markets. The company had posted ₹61,237 crore revenue in the year-ago period. For full-year FY25, the company reported ₹2,55,324 crore revenue, up 6% compared to ₹2,40,893 crore posted in FY24. In dollar terms, it crossed the $30 billion revenue milestone.
In a post-earnings press conference, K Krithivasan, chief executive and managing director, TCS said that in the last quarter they mentioned that CY25 will be better than CY24 and "We still believe based on the order book that we have announced and kind of deals that we have signed," he said, adding there could be some short-term uncertainties.
This story is from the April 11, 2025 edition of The New Indian Express Tirunelveli.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Tirunelveli
The New Indian Express Tirunelveli
Putin’s top aide holds talks with Doval to bolster ties
RUSSIAN President Vladimir Putin's top aide Nikolay Patrushev on Mondy held talks here with National Security Advisor Ajit Doval, focusing on key aspects of the India-Russia relationship just ahead of Putin's visit to India early next month, for the keenly-watched annual summit.
1 min
November 18, 2025
The New Indian Express Tirunelveli
India to source 10% of annual LPG imports from the US
AMID pressure from the US to fix the imbalance in bilateral trade, India's state-owned oil companies have finalised a oneyear contract to import 2.2 million tonnes of liquefied petroleum gas (LPG) from the US.
1 min
November 18, 2025
The New Indian Express Tirunelveli
HOW BIHAR TIPPED THE SCALES
THE narrative surrounding the recent Bihar assembly election has been constructed in several overlapping ways.
3 mins
November 18, 2025
The New Indian Express Tirunelveli
‘Special revision’ of rolls in Assam; cutoff date is Jan 1, ‘26
THE Election Commission (EC) Monday ordered Special Revision (SR) of electoral rolls in Assam, which is expected to go to polls in March-April next year.
1 mins
November 18, 2025
The New Indian Express Tirunelveli
FORMER ACE CRICKETER A ‘SPOILER’ FOR RJD 1ST FAMILY
RAMEEZ Nemat, referred to by Lalu Prasad's daughter Rohini Acharya during her public criticism of her brother Tejashwi Yadav and the family, has a strong connection to Uttar Pradesh.
1 min
November 18, 2025
The New Indian Express Tirunelveli
Sonbhadra stone quarry collapse toll goes up to six; magisterial probe ordered
WITH the recovery of five more bodies, the death toll in the stone mine collapse in Sonbhadra district of eastern Uttar Pradesh rose to six on Monday.
1 min
November 18, 2025
The New Indian Express Tirunelveli
Israel greenlights October 7 inquiry amid criticism of its narrow scope
AFTER repeated delays, Israel’s government has agreed to launch an investigation into the government failures that led to the Hamas-led attack on October 7, 2023, that triggered the war in Gaza.
1 min
November 18, 2025
The New Indian Express Tirunelveli
Can B’desh expect India to extradite Hasina?
BANGLADESH'S interim government has cited the IndiaBangladesh Extradition Treaty (2013) to request the return of former Prime Minister Sheikh Hasina after an arrest warrant was issued by the International Crimes Tribunal (ICT) for \"crimes against humanity\".
2 mins
November 18, 2025
The New Indian Express Tirunelveli
House of cards: Soren says will review alliance with Cong, RJD in J’khand
Bihar results have created tremors in Jharkhand politics, prompting Congress and RJD to manage tensions in ruling coalition
1 min
November 18, 2025
The New Indian Express Tirunelveli
TEJASHWI'S 'MAN FRIDAY' IN CENTRE OF LALU FAMILY RIFT
SANJAY Yadav, 41, has long been a surging presence in the RJD. In recent weeks, his name has surfaced at the centre of the turbulence in the 'first family' of the party's founder and former CM, Lalu Prasad. Matters came to a head on Saturday, when Lalu's daughter Rohini Acharya publicly quit politics and severed ties with the household, blaming Sanjay.
1 min
November 18, 2025
Listen
Translate
Change font size