TCS Q3 results FY25: Tata Consultancy Services (TCS) announced on Thursday its consolidated net profit for the December quarter increased by 12% to Rs 12,380 crore, compared to Rs 11,058 crore in the previous year’s corresponding period.
The figures closely aligned with market expectations of Rs 12,490 crore.
The company declared an interim dividend of Rs 10 per share alongside a special dividend of Rs 66 per share for its shareholders.
The IT giant’s revenue reached Rs 63,973 crore in Q3FY25, showing a 5.6% growth from Rs 60,583 crore recorded in the same quarter last year. However, this fell below market projections of Rs 64,750 crore.
Despite Q3 typically being a challenging period, the company achieved robust Total Contract Value (TCV), setting a foundation for sustained growth, as stated in their exchange filing.
K Krithivasan, Chief Executive Officer and Managing Director, expressed optimism about the “excellent TCV performance in Q3”, noting its balanced distribution across sectors, regions and services, indicating positive long-term prospects.
“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,” Krithivasan said.
