TCS Q3 Results FY 2025 LIVE: Tata Consultancy Services (TCS) announced a 12% increase in its consolidated net profit for the December quarter, amounting to ₹12,380 crore, up from ₹11,058 crore in the same period last year. The company also declared an interim dividend of ₹10 per share and a special dividend of ₹66 per share. Revenue for the quarter reached ₹63,973 crore, reflecting a 5% growth.
TCS Results LIVE: Performance of key domains
TCS Results LIVE: Among the key domains, BFSI, which saw a 0.1 per cent YoY growth in CC terms last quarter, increased 0.9 per cent YoY. The consumer business segment grew 1.1 per cent YoY in CC terms.
However, the communication and media segment de-grew 10.6 per cent YoY, and the life sciences and healthcare segment de-grew 4.3 per cent YoY.
TCS Results LIVE: Milind Lakkad, Chief HR Officer, said
TCS Results LIVE: “We promoted over 25,000 associates this quarter which brought the total promotions this financial year to more than 110,000. 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”.
TCS Results LIVE: Research and innovation
TCS Results LIVE: As on 31st December 2024, the company had applied for 8,549 patents, including 195 applied during the quarter and been granted 4,585 patents including 216 during the quarter.
TCS Results LIVE: TCS attrition rate stood at 13%
TCS Results LIVE: TCS’ workforce stood at 607,354 as on December 31st. The employee base is very diverse, with 35.3% women and with 152 nationalities.
The attrition was at 13% for the last twelve months.
TCS Results LIVE: Highlights of the Quarter Ended December 31, 2024
TCS Results LIVE: Here are the key highlights from the results –
- Revenue at ₹63,973 crore, +5.6% YoY, +4.5% YoY in Constant Currency
- Operating Margin at 24.5%; a decline of 50 bps YoY*, sequential improvement of 40 bps.
- Net Income at ₹12,380 crore, +5.5% YoY* | Net Margin at 19.4%
- Net Cash from Operations at ₹13,032 crore i.e. 105.3% of Net Income
- Workforce strength: 607,354 | LTM IT Services attrition rate at 13.0%
- Diverse and inclusive workplace: Women in the workforce: 35.3% |152 Nationalities.
- Dividend per share: ₹ 76.00 including ₹ 66.00 as special dividend | Record date 17/01/2025 | Payment date 03/02/2025
TCS Results LIVE: K Krithivasan, Chief Executive Officer and Managing Director, said
TCS Results LIVE: “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.”
Also read: TCS Q3 Dividend: IT major announces interim dividend of ₹10; special dividend of ₹66 per share
TCS Q3 Results Live: Shares of TCS will trade ex-dividend on the day of record date or a day before
TCS Q3 Results Live: When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment.
TCS Q3 Results Live: TCS sets record date for third interim and special dividend
TCS Q3 Results Live: The company’s third interim dividend and special dividend will be paid to shareholders on February 3, with the record date set for January 17.
TCS Q3 Results Live: IT major announced ₹10/share as interim dividend; ₹66/share as special dividend
TCS Q3 Results Live: TCS has also announced an inteim dividend of ₹10 per share and ₹66 per share as special dividend to shareholders.
TCS Q3 Results Live: TCS revenue rises 5% YoY
TCS Q3 Results Live: The IT major further reported a 5.6 per cent rise in its revenue to ₹63,973 versus ₹60,583 crore posted by the company in the corresponding quarter of the last financial year.
TCS Q3 Results Live: Net profit rises 12% YoY to ₹12,380 crore; revenue up 5%;
TCS Q3 Results Live: TCS reports 12 per cent rise in its net profit to to ₹12,380 crore for the quarter ending on December 31, 2024.
TCS Q3 Results Live: TCS share price closed in red ahead of Q3 announcement
TCS Q3 Results Live: TCS stock ended Thursday’s trading session 1.57 per cent lower at ₹4,044 ahead of Q3 result announcement.
TCS Q3 Results Live: What to watch out for in TCS earnings?
TCS Q3 Results Live: The commentary of TCS management on demand and pricing environment and deal pipeline would be key monitorables in TCS Q3 results. According to brokerage firm Motilal Oswal Financial Services, the most important catalyst for the IT sector now would come after Q3FY25, when client budgets for CY25 would be finalized and the magnitude of change in client behavior would become clearer.
TCS Q3 Results Live: Operational efficiency to aid EBIT margin
TCS Q3 Results Live: EBIT margin is also estimated to improve by 20 basis points (bps) to 24.3% from 24.1%, sequentially. Lower revenues from low-margin BSNL deal, talent development, training, and operational efficiency is likely to drive margin expansion. The depreciation in Indian rupee against the US dollar is also expected to benefit TCS Q3 margins. The US accounts for over 50% of the overall business of TCS.
TCS Q3 Results Live: TCS Q3 EBIT likely to rise 1.16% QoQ
TCS Q3 Results Live: At the operational level, TCS’ earnings before interest and tax (EBIT) in Q3FY25 is expected to rise 1.16% to ₹15,645 crore from ₹15,465 crore, QoQ, as per the average estimates.
TCS Q3 Results Live: Net profit may grow over 3% QoQ
TCS Q3 Results Live: The net profit of the IT major is expected to grow by 3.26% to ₹12,298 crore in Q3FY25 as against ₹11,909 crore in the September quarter. On a year-on-year basis, TCS net profit is expected to grow by 11.2% as the company posted a net profit of ₹11,058 crore in the December quarter last fiscal year.
TCS Q3 Results Live: TCS share price falls 2% ahead of Q3 results today
TCS Q3 Results Live: TCS share price traded nearly 2% lower on Thursday, ahead of the Q3 results announcement. TCS shares fell as much as 1.92% to an intraday low of ₹4,028.40 apiece on the BSE. TCS stock price has dropped over 9% in one month, underperforming the BSE Information Technology index which is down 3.5% during the same period.
TCS Q3 Results Live: Revenue likely to see marginal fall of 0.11% QoQ
TCS Q3 Results Live: TCS is estimated to report a revenue of ₹64,190 crore during the quarter ended December 2024, registering a marginal fall of 0.11% from ₹64,259 crore in the previous quarter. Revenue in USD terms in Q3FY25 is expected to decline 0.72% to $7,615 million from $7,670 million, quarter-on-quarter (QoQ), according to average estimates of five brokerages polled by Livemint.
Brokerage firm Nuvama Institutional Institutional Equities expects TCS to deliver 0.1% QoQ Constant Currency (CC) revenue growth and -0.8% QoQ USD decline due to lower BSNL revenue and furloughs, likely to be partially offset by a reversal of exceptional items of last quarters.
TCS Q3 Results Live: TCS dividend record date on January 17
TCS Q3 Results Live: TCS dividend record date has been fixed as on January 17. TCS’ third interim dividend shall be paid to the equity shareholders of the company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Friday, January 17, 2025 which is the Record Date fixed for the purpose, TCS said in a regulatory filing.
TCS Q3 Results Live: TCS board to consider interim dividend with Q3 results today
TCS Q3 Results Live: TCS board will also consider a dividend along with the Q3 results today. TCS board will consider declaration of the third interim dividend to the equity shareholders. TCS dividend record date has been fixed on Friday, January 17, 2025.
“The third interim dividend, if declared, shall be paid to the equity shareholders of the Company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Friday, January 17, 2025 which is the Record Date fixed for the purpose,” TCS said in a regulatory filing.
TCS Q3 Results Live: Expect a muted performance from TCS in Q3
TCS Q3 Results Live: The October-December quarter is a seasonally weak quarter for IT services companies as furloughs weigh on growth. TCS Q3 results 2025 are likely to be muted with a marginal rise in net profit and flat revenue growth on a sequential basis. Margins are likely to improve on operational efficiency.
TCS Q3 Results Live: TCS to declare Q3 results today
TCS Q3 Results Live: Tata Consultancy Services (TCS), the largest IT services company in India, is set to declare its Q3 results today. The meeting of the board of directors of TCS is scheduled for today to consider and approve Q3 results.
