TCS Q3 Results: Net Profit Rises 5.5% YoY to Rs 12,380 crore, Revenue Up 5.6%; Rs 76 Dividend Declared
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TCS Q3 Results: Its revenue during October-December 2024 increased 5.6 per cent to Rs 63,973 crore.
TCS has declared its Q3 financial results.
TCS Q3 Results: Tata Consulatancy Services (TCS), India’s largest IT services company, on Thursday reported a 5.5 per cent rise year-on-year (YoY) in its net profit to Rs 12,380 crore. The company beats market estimates. Its revenue during October-December 2024 increased 5.6 per cent to Rs 63,973 crore.
The company has also declared a dividend of Rs 76 per share, including a special dividend of Rs 66 per share.
On a constant currency basis, TCS’ revenue rose over 4.5 per cent YoY during the October-December 2024 period.
The company’s total workforce at the end of December 2024 stood at 607,354.
Its IT services attrition rate (last twelve month basis) stood at 13.
In the previous quarter of Q2 FY25, TCS’ revenue had stood at Rs 64,259 crore, while net profit was at Rs 11,909 crore. In the year-ago Q3 FY24, its revenue was at Rs 60,583 crore a year ago and net profit at Rs 11,058 crore a year ago.
