Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
TCS Q3 net profit rises 12% to ₹12,380 crore
The New Indian Express Coimbatore
|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.
Dit verhaal komt uit de January 10, 2025-editie van The New Indian Express Coimbatore.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Coimbatore
The New Indian Express Coimbatore
LEX HAS ALWAYS BEEN A FLEX
T is fashionable to say in India that we did long ago what the West is doing now—though not always with sufficient evidence.
3 mins
November 22, 2025
The New Indian Express Coimbatore
Next phase of Vijay’s outreach begins Sunday
TVK president and actor Vijay will meet residents of Kancheepuram on Sunday as part of the next phase of his ‘Meet the People’ campaign.
1 mins
November 22, 2025
The New Indian Express Coimbatore
A JUDGMENT THAT LETS GOVERNORS STALL BILLS AT WILL
HE advisory opinion issued by a five-judge bench of the Supreme Court has, for all practical purposes, reduced India’s representative democracy toa plaything in the hands of a governor.
2 mins
November 22, 2025
The New Indian Express Coimbatore
Gave my best to nation, says Gavai in farewell speech
IN his farewell speech, Chief Justice BR Gavai said on Friday that he was leaving the institution “with a full sense of satisfaction and contentment.”
1 min
November 22, 2025
The New Indian Express Coimbatore
Diplomats talk culture business at Goa film fest
THE 56th edition of the International Film Festival of India (IFFI) on Friday served as a platform for the Centre to explore new pathways to advance bilateral audiovisual cooperation, with a focus on co-production opportunities, creativeeconomy growth, and deeper cultural exchange.
1 mins
November 22, 2025
The New Indian Express Coimbatore
Women form 4.3% of jail population, but face systematic barriers: NCW
WOMEN constitute 4.3% of the prison population, but face systematic barriers, including overcrowded facilities, inadequate medical and mental-health services.
1 mins
November 22, 2025
The New Indian Express Coimbatore
SP relooks at tieup after Cong’s Bihar drubbing
First major stress test for alliance after Bihar
1 mins
November 22, 2025
The New Indian Express Coimbatore
Every infiltrator will be out after SIR: Shah in Gujarat
UNION Home Minister Amit Shah on Friday transformed the BSF’s 61st Raising Day event in Haripur, Bhuj, into a clarion call for electoral vigilance.
1 min
November 22, 2025
The New Indian Express Coimbatore
ED crackdown on coal mafia, raids 40 locations in J’khand and Beng
THE Enforcement Directorate (ED) on Friday conducted raids at more than 40 locations across Jharkhand and West Bengal as part of a major push against the coal mafia.
1 mins
November 22, 2025
The New Indian Express Coimbatore
Oppn slams BJP as kin of Maha ministers elected unopposed in local polls
OPPOSITION parties in Maharashtra are questioning how, in one local body election after another, relatives of BJP ministers are winning without any contest.
1 mins
November 22, 2025
Listen
Translate
Change font size