Tata Consultancy Services (TCS) announced its Q3 FY2025 results today, reporting a revenue of ₹63,973 crore and a net profit of ₹12,380 crore.
Key Financial Highlights:
- Revenue from Operations:
- Q3 FY25: ₹63,973 crore
- QoQ: Decline of 0.4% from ₹64,259 crore
- YoY: Growth of 5.6% from ₹60,583 crore
- Net Profit:
- Q3 FY25: ₹12,380 crore
- QoQ: Growth of 4% from ₹11,955 crore
- YoY: Growth of 11.5% from ₹11,097 crore
Comparison with Expectations:
- Revenue: ₹63,973 crore (vs. expected ₹64,335 crore; missed expectations by 0.6%)
- Net Profit: ₹12,444 crore (vs. expected ₹12,299 crore; beat expectations by 1.2%)
- EBIT Margin: 24.48% (in line with expectations).
Analysis:
The revenue remained under pressure due to the absence of large deal wins, leading to a slight sequential decline. However, the company managed to exceed net profit expectations, driven by improved operational efficiencies.
