TCS quarterly results, which include revenue and profits, are set to be announced by Tata Consultancy Services Limited (TCS) ON 7TH February 2023. The statement provides information regarding the company’s outlook, pricing, and performance across several areas of interest like offers and services provided to customers in the BFSI sector. Since it is the first major IT company to report earnings for the season, the rest of the companies will be allowed to follow later. Although, analysts are of the opinion that revenue growth will be weak owing to the quarter being impacted by Christmas holidays accompanied with furloughs in Europe alongside North America.
According to the reports, TCS’s consolidated net profit was at ₹12,380 crore in Q3FY25, indicating a 12% increase from the previous years, when it was at ₹11,058 while beating estimates quite hardly. The revenue segment was also able to grow from 60,583 to 63,073 year-on-year although the differences in projections were slightly underwhelming. The profit increase has more or less remained steady.
What Areas Are The Most Important?
Management's insights on several issues will be critical for the investors and analysts:
1. Special Projects: It is the disclosure on how TCS is helping clients achieve cost reduction.
2. Performance of The Banking Vertical: Reports related to the Banking, Financial Services and Insurance (BFSI) business line, a significant source of revenues.
3. Demand Resurgence: Indications of demand starting to recover in developed regions such as US and Europe.
4. Client Discretionary Spending: Expectations on clients’ discretionary spending given the situation of the economy.
In addition to the above, the status of the generative AI deals, the evolution of the BSNL deal and the medium term outlook regarding the company's large deal pipeline will be reported.
Samir Seksaria, Chief Financial Officer, said: “In a quarter that saw significant cross currency volatility, TCS’s strong execution, cost as well as currency risk management led to decent improvement in margins and free cash flows. The basic investments in talent and infrastructure should assist in long-term business growth.”Check TCS Share Price & TCS Q3 Results Live Updates here:Jan 9, 2025 20:29 IST TCS Q3 Results Live Updates: TCS Dividend & Record Date TCS paid out a third interim dividend of Rs 10 and a special Rs 66 dividend per share carrying a record date of January 17, and payment date of February 3.
Jan 9, 2025, 20:27 IST
TCS Q3 Results Live Updates: Samir Seksaria Comments on TCS Results as CFO
“We witnessed huge volatility with respect to cross currency during the previous quarter and during that time we were able to manage the risks quite well which then assisted us in bringing a further increase in the margins along with the free cash flows. If the strategy with regards to talent and infrastructure investments is continued then we will be able to grow in the long term,” stated Samir Seksaria, Chief Financial Officer.
Jan 9, 2025, 16:57 IST
TCS Quarter 3 Results Live: Announcing The Q3 Earnings
The third quarter for TCS for FY2025 has been robust. For the 3 month period that ended in December in 2024, the firm’s net income grew by 5.5 percent amounting to INR 12,380 crore which is greater than what analysts had predicted. Looking at TCS’s revenue, it encouraged growth by rising 5.6 percent amounting INR 63,973 crore year on year according to expectations.
Jan 9, 2025, 16:21 IST
TCS Q3 Results Live: How has the stock price for TCS changed on this day.
Looking at the TCS stock price, it can be seen that it has dipped slightly before the release of the earnings for T3 which has been painfully expected. Looking on October 1 to December 31, the stock has been are 4.5% reflecting the wider market and sector movement, the general sentiments behind such dampened results have been the last 5 trading days where TCS shares have dropped roughly 0.5%.
January 9, 2025 TCS Q3 Results Live Updates: Overview Of TCS And IT Sector As A Whole Today, On January 9, 2025, Which Is TCS’ Q3 Results Day, The Company And The IT Sector Have A Went Into The Midst Of Economic Turbulence Tasks. Nevertheless, experts are of the view that TCS has managed to secure multiple exquisite deals that will pull them through these harsh times.
January 9, 2025 For TCS To Change Procedures TCS Said They Will Let It’s Investors Know Regarding The Changes Set To Take Place For TCS Tomorrow On January 10, 2025.
January 9, 2025 TCS Has Made It Clear That Not Only Will They Celebrate Makar Sankranti But Also Integrate It With Their IET 2025. Our goal is to achieve Makar Sankranti where we aim to make the dream of TCS becoming a 1 trillion dollar company a reality by 2030. Moving forward we believe that With This New Global Fusion of TCS And Makar Sankranti We Will Strongly Elevate The Company’s Revenue .
Jan 9, 2025 14:39 IST
TCS Q3 Results Live: Q2 Earnings
During the second quarter of the FY2025, Tata Consultancy Services (TCS), one of the largest IT service companies in India, reported a consolidated net profit of Rs 11.909 crore; that is a 5% increase compared to the Rs 11.342 crore of the same quarter in the previous year.
Jan 9, 2025 14:36 IST
TCS Q3 Results Live: Dividend
TCS currently features as one of those top Indian companies who pay high dividends. At a market price of Rs 4,028 on the 7th of January 2025, the company reported a dividend yield of 1.41%. TCS, in 2024, paid out a total of Rs 75 per share across 5 occasions. Together with the 117 and 45 Rs per share payouts of 2023 and 2022, respectively. TCS with a market cap of Rs 14.5 lakh crore is the second largest company in the Indian economy.
Feb 9, 2022 14:33 IST
TCS Q3 Results Live: Record Date
Tata Consultancy Services (TCS) has confirmed as January 17, 2025, as the record date for determining the eligibility of shareholders for its imminent corporate action. This implies that shareholders whose names are in the company’s records as at this date will qualify for the interim dividend, which is subject to the approval of the board.
Feb 9, 2022 14:31 IST
TCS Q3 Results Live Updates: Board Meeting
Tata Consultancy Services (TCS) through an exchange filing has said that its board will meet in respect of the January 9, 2025, to review and ratify the financial results for the quarrer ending December 31, 2024 (Q3 FY2025). Besides the appraisal of the quarterly performance, the board will also consider an altrection to declare an interim dividend for its shareholders.
Feb 9, 2022 14:29 IST
TCS Q3 Results Live: Welcome Greetings
To the live coverage of Tata Consultancy Services’ (TCS) Q3 earnings announcement I say welcome. The IT goliath has However, begun the earnings season which runs from October to December and market players are keen on hearing from the company. For the most thrilling and live coverage of the same stay tuned with us.
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