TCS Q3 Result Key Takeaways: Revenue, PAT, attrition rate, dividend, and other key details from Tata group firm's December quarter results
The IT giant's consolidated revenue from operations on a quarter-on-quarter (QoQ) basis saw a fall of 0.4 per cent, slipping from Rs 64,259 crore in the September quarter to Rs 63,973 crore in the quarter under review.
TCS Takeaways Q3 December Quarter Takeaways: IT giant Tata Consultancy Services (TCS) reported its third-quarter (FY25Q3, October-December) results today (Thursday, January 9, 2025), announcing a 0.4 per cent fall in its consolidated revenue from operations quarter-on-quarter (QoQ). Its profit after tax (PAT) for the same period saw a rise of 3.95 per cent. The second-biggest Indian firm in terms of market capitalistion also announced a dividend for its shareholders. Here are the key takeaways from TCS' third-quarter results.
TCS Q3 Results: Revenue from operations dip
The IT giant's consolidated revenue from operations on a quarter-on-quarter (QoQ) basis saw a fall of 0.4 per cent, slipping from Rs 64,259 crore in the September quarter to Rs 63,973 crore in the quarter under review.
TCS Q3 Results: Profit jumps
While the IT company's revenue fell, its consolidated PAT rose by 3.95 per cent QoQ.
The firm reported Rs 12,380 crore PAT for the December quarter, up from Rs 11,909 crore in the previous quarter.
TCS Q3 Results: Dividend
The company announced a dividend per share of Rs 76, which also includes Rs 66.00 as a special dividend.
TCS Q3 Results: Dividend record date
The record date for the dividend is January 17, 2025, while the payment date for the same is February 3, 2025.
Attrition rate
The attrition rate for the third quarter saw a decline, slipping to 12.3 per cent from 13 per cent in the September quarter.
During the same period, the IT firm also saw a net headcount reduction of 5,370.
What did TCS CEO say?
K Krithivasan, Chief Executive Officer and Managing Director, TCS, said: “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. 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.”
TCS Share Price
The stock of the IT company closed the trading session on BSE today at Rs 4,036.65, down by 1.72 per cent, or Rs 70.85, from the previous close.
TCS share price history
The stock of the large cap firm has jumped by 1.13 per cent in 6 months and 9.39 per cent in 1 year.
TCS share price history
The Nifty 50 benchmark, meanwhile, slipped by 3.71 per cent in 6 months and rose by 9.20 per cent in 1 year.