TCS Net Profit Up 11.95% To Rs 12,380 Crore In Q3
New Delhi, January 10, 2025.
India’s largest IT services company TCS on Thursday reported an 11.95 per cent jump in net profit at Rs 12,380 crore in the December quarter while the overall workforce was reduced by over 5,000 employees.
The Tata Group company had reported a net profit of Rs 11,058 crore in the year-ago period, and Rs 11,909 crore in the preceding September quarter.
The company’s revenue grew 5.6 per cent to Rs 63,973 crore as against Rs 60,583 crore a year earlier. However, it was down from Rs 64,259 crore in the September quarter. New order bookings came at USD 10.2 billion in what is termed as a seasonally challenging quarter due to the holiday season.
Chief Executive K Krithivasan said the new orders were across industries, geographies and service lines, which...
