TCS Q3 FY25 Results HIGHLIGHTS: Tata group giant kicks off earnings season; Rs 12,380 crore PAT, Rs 76 dividend, other details
TCS Q3 FY25 Results Today: Tata Consultancy Services (TCS), the Tata group IT giant headquartered in Mumbai, has reported its financial results for the October-December period (Q3 of FY25). With that, the Tata group IT bellwether has kicked off the earnings season for India Inc. Catch all the latest updates on TCS earnings and much more.
TCS Q3 FY25 Results Today, TCS Q3 Profit, TCS Q3 Margin, TCS Q3 FY25 Revenue: Tata Consultancy Services (TCS), the Tata group IT giant headquartered in Mumbai, has reported its financial results for the October-December period (Q3 of FY25), kicking off the earnings season for India Inc. TCS became the first company in the headline Nifty50 index to report its financial results for the period. Its net profit grew 4.0 per cent on a quarter-on-quarter basis to Rs 12,380 crore while revenue declined 0.4 per cent to Rs 63,973 crore for the third quarter of the current financial year. 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 three-month period.
The company announced a total dividend of Rs 76 per share, including a special payout of Rs 66 per share.
TCS Q3 Earnings | Catch highlights of the Tata Consultancy Services earnings report, and much more:
Latest Updates
TCS Q3 Results: TCSers clocked 40.1 million learning hours and acquired 3.8 million competencies in 9 months, says IT major
According to TCS, its workforce stood at 6,07,354, as of December 31.
It has a "very diverse" employee base with 35.3% women and with 152 nationalities.
TCS Q3 Results LIVE: Tata Consultancy Services promoted more than 25,000 associates in December quarter
TCS Chief HR Officer Milind Lakkad says: "We promoted over 25,000 associates this quarter which brought the total promotions this financial year to more than 1,10,000. We continue to invest in employee upskilling and overall well-being."
"Our campus hiring for the year is going according to plan and preparations are afoot to onboard a higher number of campus hires next year," Lakkad adds.
TCS Q3 FY25 Earnings LIVE: TCS faced significant cross-currency volatility, says CFO
TCS CFO Samir Seksaria mentions significant cross-currency volatility during the quarter.
However, TCS’s strong execution, cost management and deft currency risk management helped deliver healthy margin improvement and free cash flows, says Seksaria, adding: "Disciplined investments in talent and infrastructure should lend good support to long-term business growth.”
TCS Q3 FY25 Results: Tata group IT major's workforce strength declines vs Q2
TCS reports workforce strength of 6,07,354 employees for Q3 versus 6,12,724 for the previous quarter.
Tata Consultancy Services Results: TCS Q3 dollar revenue down 1.7% vs Q2
In dollar terms, TCS registers revenue of $7,540 million for the December quarter versus $7,670 million for the previous three months.
Zee Business analysts pegged the IT major's revenue at $7,625 million.
TCS Q3 FY25 Results LIVE: Attrition worsens to 13% from 12.3%
TCS reports an IT services attrition rate of 13 per cent for the October-December period, as against 12.3 per cent for the previous quarter.
TCS Q3 FY25 Results LIVE: Operating margin meets Street expectations
According to Zee Business research, TCS was estimated to register a 24.4 per cent margin for the quarter ended December 31.
TCS Q3 FY25 Results LIVE: Margin up 40 bps sequentially
TCS says its operating margin stands at 24.5 per cent for Q3 of FY25.
This marks an improvement of 40 bps over the previous quarter.
TCS Q3 FY25 Results LIVE: Continuing investments in upskilling, AI/Gen AI innovations, partnerships sets TCS up to capture promising opportunities ahead, says CEO K Krithivasan
"BFSI and CBG returning to growth, continued stellar run of Regional Markets and early signs of revival in discretionary spend in some verticals give us confidence for the future. Our continuing investments in upskilling, AI/Gen AI Innovations and partnerships sets us up to capture the promising opportunities ahead," says TCS CEO and Managing Director K Krithivasan.
TCS Q3 FY25 Results LIVE: TCS pleased with excellent TCV performance in Q3, says CEO K Krithivasan
TCS CEO and Managing Director K Krithivasan says: "We are pleased with the excellent TCV performance in Q3 which was well-rounded across industries, geographies and service lines lending good visibility to long-term growth."
TCS Q3 Dividend News: When will the Tata group company pay the dividend?
According to TCS, the third interim dividend of the current financial year along with a special dividend will be paid on Monday, February 3.
TCS Dividend Record Date
A record date of January 17 has been set for the purpose.
TCS Dividend Payment Date
The payout will be made on February 3.
TCS Dividend News: Tata group IT giant declares Rs 76 per share dividend
The IT major's board announces an interim dividend of Rs 10 per share and a special dividend of Rs 66 per share.
This takes the total payout to Rs 76 per share.
TCS Q3 FY25 Results: Revenue misses analysts' expectations
Tata Consultancy Services' quarterly revenue of Rs 63,973 crore is short of what analysts had expected.
According to Zee Business research, the Tata group IT giant was expected to register revenue of Rs 64,380 crore for the December quarter.
TCS Q3 FY25 Results: Revenue down 0.4% sequentially
Tata Consultancy Services registers revenue of Rs 63,973 crore for the fiscal third quarter, as against Rs 64,259 crore for the previous three months.
TCS Q3 FY25 Results: Net profit meets Street estimates
Tata Consultancy Services' quarterly net profit is in line with analysts' expectations.
According to Zee Business research, TCS was expected to register a net profit of Rs 12,400 crore for the December quarter.
TCS Q3 FY25 Results: Net profit up 4% sequentially
Tata Consultancy Services kicks off the earnings season with a consolidated net profit of Rs 12,380 crore for the October-December period, marking an increase of 4.0 per cent on a quarter-on-quarter basis.
TCS Q3 Results LIVE Updates
Welcome to Zeebiz.com's blog on TCS earnings
The Tata group IT giant, Tata Consultancy Services, is all set to report its financial results for the October-December 2024 period (Q3 of FY25) on Thursday, January 9.
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