TCS Q3 outcomes FY25, Tata Consultancy Services (TCS) introduced on Thursday its consolidated web revenue for the December quarter elevated by 12% to Rs 12,380 crore, in comparison with Rs 11,058 crore in the earlier 12 months’s corresponding interval.
The figures intently aligned with market expectations of Rs 12,490 crore.
The firm declared an interim dividend of Rs 10 per share alongside a particular dividend of Rs 66 per share for its shareholders.
The IT large’s income reached Rs 63,973 crore in Q3FY25, displaying a 5.6% progress from Rs 60,583 crore recorded in the identical quarter final 12 months. However, this fell beneath market projections of Rs 64,750 crore.
Despite Q3 sometimes being a difficult interval, the corporate achieved strong Total Contract Value (TCV), setting a basis for sustained progress, as acknowledged in their change submitting.
Ok Krithivasan, Chief Executive Officer and Managing Director, expressed optimism concerning the “excellent TCV performance in Q3”, noting its balanced distribution throughout sectors, areas and companies, indicating optimistic lengthy-time period prospects.
“BFSI and CBG returning to progress, continued stellar run of Regional Markets and early indicators of revival in discretionary spend in some verticals give us confidence for the long run. Our persevering with investments in upskilling, AI/Gen AI Innovations and partnerships units us as much as seize the promising alternatives forward,” Krithivasan stated.
