TCS Q3 FY25 Results: Tata group IT giant kicks off earnings season with 4% sequential rise in PAT
TCS Q3 FY25 Results: Tata group IT giant Tata Consultancy Services, the country's largest IT firm, has kicked off the quarterly earnings season on Dalal Street. Read on to learn about Mumbai-headquartered Tata Consultancy Services' quarterly earnings in detail.
TCS Q3 FY25 Results: Tata Consultancy Services (TCS), the country's largest IT company, on Thursday kicked off the earnings season for India Inc. The Mumbai-headquartered IT bellwether reported a net profit of Rs 12,380 crore for the quarter ended December 31, marking an increase of 4.0 per cent on a sequential basis.
TCS Q3 FY25 Earnings: Key takeaways
Tata Consultancy Services' revenue came in at Rs 63,973 crore for the third quarter of the current financial year, as against Rs 64,259 crore for the previous three months.
According to Zee Business research, Tata Consultancy Services was expected to register a net profit of Rs 12,400 crore and revenue of Rs 64,380 crore or $7,625 million for the December quarter.
Analysts had pegged its revenue in constant currency terms—or revenue without the impact of currency fluctuations—to increase 0.3 per cent sequentially.
TCS Q3 Results: How the Tata group IT major fares operationally
The IT major reported Rs 15,657 crore in earnings before interest and taxes (EBIT) for the December quarter.
Zee Business analysts had pegged the Tata group company's quarterly EBIT at Rs 15,700 crore.
TCS Shares
Earlier on Thursday,, TCS shares ended 1.5 per cent lower at Rs 4,046.5 apiece on BSE amid market-wide weakness on Dalal Street.
In the December quarter, the Tata group stock declined 4.0 per cent while the Nifty50 dropped 8.4 per cent and the Nifty IT gained 3.3 per cent.
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