Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
TCS Q3 net profit rises 12% to ₹12,380 crore
The New Indian Express Kochi
|January 10, 2025
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.
Cette histoire est tirée de l'édition January 10, 2025 de The New Indian Express Kochi.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The New Indian Express Kochi
The New Indian Express Kochi
ED files chargesheet against Vadra in laundering case linked to arms dealer
THE Enforcement Directorate (ED) filed a chargesheet on Thursday against Robert Vadra, businessman and brother-in-law of Rahul Gandhi, in a money laundering case linked to UK-based arms dealer Sanjay Bhandari.
1 min
November 21, 2025
The New Indian Express Kochi
Stronger regional security network key in changing global order: Doval
NATIONAL Security Adviser Ajit Doval Thursday underscored the “significance” of strengthening regional partnerships amid a “rapidly changing and challenging global security environment,” as he opened the NSA-level meeting of the Colombo Security Conclave (CSC) in New Delhi.
1 mins
November 21, 2025
The New Indian Express Kochi
In 1st use of 1950 Act, Assam hunt for 'declared foreigners'
EXPULSION OF IMMIGRANTS
1 mins
November 21, 2025
The New Indian Express Kochi
NO TIMELINE
FOR ASSENT TO BILL BY GOVERNOR, PREZ, OPINES 5-JUDGE SC BENCH UNANIMOUSLY
1 mins
November 21, 2025
The New Indian Express Kochi
SIT arrests ex-TDB chief Padmakumar
PUTTING the CPM in a precarious position ahead of the local body elections, the Special Investigation Team (SIT) probing the Sabarimala gold theft case on Thursday arrested senior party leader and former Travancore Devaswom Board (TDB) president A Padmakumar.
1 min
November 21, 2025
The New Indian Express Kochi
No access to edu or health for 200 mn Indian kids
AROUND 206 million children in the country lack access to one of the six basic services— education, health, housing, nutrition, clean water and sanitation—which impact the quality of life and opportunities, said the UNICEF report released on Thursday.
1 mins
November 21, 2025
The New Indian Express Kochi
Newspaper office in Jammu raided, cops say weapons seized; 4 more in NIA net
THE National Investigation Agency (NIA) on Thursday formally took custody of four accused involved in the November 10 blast outside Red Fort in Delhi, taking the total number of arrests in the case to six.
2 mins
November 21, 2025
The New Indian Express Kochi
India to see over 1 billion 5G subscriptions by 2031
TELECOM equipment maker Ericsson released its Mobility Report on Thursday, predicting that India will have more than 1 billion 5G subscriptions by the end of 2031, reaching 79% of total mobile subscriptions.
2 mins
November 21, 2025
The New Indian Express Kochi
Nitish Kumar Bihar CM for record 10th time, 26 ministers sworn in
JANATA Dal (United) supremo Nitish Kumar on Thursday took the oath as Bihar chief minister for a record 10th time at Patna's historic Gandhi Maidan in the presence of Prime Minister Narendra Modi, Union home minister Amit Shah, BJP president JP Nadda, and several Union ministers and CMs of BJP-ruled states.
1 min
November 21, 2025
The New Indian Express Kochi
LINKING INDIA'S 2-SPEED ECONOMY
THE parallel analysis of some key indicators reveals a sharp and persistent divergence in India’s growth story. The Index of Industrial Production for September 2025, when combined with RBI’s Industrial Outlook Survey for July-September 2025, highlights a troubling conflict. Industrial growth is being vigorously driven by investment and capital goods, but is being held back by uneven household demand, particularly in mass-market segments.
3 mins
November 21, 2025
Listen
Translate
Change font size