Tata Consultancy Services (TCS), India’s largest IT services exporter, saw its shares decline by 2% ahead of its highly anticipated Q3 FY2025 financial results announcement today, January 9, 2025, after market hours. The company is also expected to declare its third interim dividend, making this a crucial day for investors.
Key Highlights:
- Results Timing: The Q3 results will be released after 3:30 PM.
- Dividend Record Date: The record date for the dividend, if declared, is January 17, 2025.
- Ex-Date for Dividend: TCS shares will trade ex-dividend on January 17.
Q3 Results Expectations:
- Revenue: Analysts project net sales of ₹643.69 billion, representing a marginal 0.2% QoQ increase and 6.2% YoY growth. In USD terms, net sales might decline by 0.7% QoQ but grow by 4.6% YoY.
- Profit After Tax (PAT): Expected to reach ₹120.29 billion, a 1% QoQ increase and a 2.1% YoY rise.
- EBIT Margin: Estimated at 24.2%, up by 15 basis points QoQ, though potentially contracting by 80 basis points YoY.
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TCS