Tata Consultancy Services (TCS) has announced its financial results for the third quarter of fiscal year 2025. Here are the key highlights:
Financial Performance:
Revenue: ₹63,973 crore, marking a 5.6% year-over-year increase.
Net Profit: ₹12,380 crore, representing a 12% rise compared to the same period last year. This is marginally under the anticipated ₹12,399 crore.
Operating Margin: Improved by 40 basis points sequentially to 24.5%, supported by favorable currency rates.
EBITA margin: 24.5%
Dividend Announcement:
Interim Dividend: Declared an interim dividend of ₹10 per share.
Special Dividend: Announced a special dividend of ₹66 per share, bringing the total payout to ₹76 per share.
Record Date: January 17, 2025.
Payment Date: February 3, 2025.
Operational Highlights:
Indian markets grew 70.2 per cent YoY and MEA grew 15 % YoY, North America declined by 2.3 % YoY.
Attrition Rate: Reported an IT services attrition rate of 13% for the October-December period, up from 12.3% in the previous quarter.
Key Deal Wins:
- Extended partnership with Telenor Denmark.
- Multi-year agreement with Air France-KLM.
- 15-year contract with Ireland’s Department of Social Protection.
- Strategic partnership with Canada’s largest worker compensation board, the WSIB.
- Multi-year deal with a leading US life and annuities provider.
Disclaimer: This information is based on publicly available data. For the most accurate and up-to-date figures, please refer to the official TCS Q3 FY25 earnings release and accompanying investor presentations.