TCS Q3 FY25 Results LIVE Updates: India’s largest IT services company, Tata Consultancy Services (TCS), will announce its Q3 FY25 results on January 9 after market hours. TCS shares have oscillated between red and green, opening in the red before recovering slightly. Analysts expect a slowdown in growth for the quarter, reflecting challenges like seasonal furloughs and currency fluctuations.
TCS reported an 11.95% increase in net profit to ₹12,380 crore for the December quarter, up from ₹11,058 crore a year ago and ₹11,909 crore in the previous quarter. Total income grew 6.13% to ₹65,216 crore, surpassing both the year-ago figure of ₹61,445 crore and the ₹64,988 crore from the September quarter. However, expenses also rose by 6.33% to ₹48,550 crore.
Despite the positive earnings, TCS shares dropped nearly 2% to ₹4,040.95 as of 1:32 pm on January 9, amid weak market sentiment with the Sensex falling over 500 points. A Moneycontrol poll of brokerages anticipates a slight dip in revenue by less than 1%, projecting ₹64,218 crore, but expects a 3% quarter-on-quarter rise in net profit to ₹12,308 crore.
For comparison, TCS’ Q2 FY25 revenues had reached ₹64,259 crores, whereas Q3 FY24 revenues were ₹60,583 crores with a net profit of ₹11,058 crores. Analysts remark on low revenue growth due to lower than expected contributions from large deals such as the BSNL contracts.
Analysts continue to focus on factors such as operational efficiency, positive currency plays, and cost management for margin expansion. The investors will pay close attention to management commentary related to deal pipelines, demand trends, and sector-specific performance related to BFSI. TCS would declare its third interim dividend while it holds a Board meeting at the time of announcing earnings.
TCS is expected to report moderate Q3 FY25 results. Analysts expect marginal sequential growth as seasonal challenges prevail. While the stock faces near-term pressures, robust operational strategies and potential deal pipelines could enhance its long-term prospects. Investors should evaluate TCS’s commentary and earnings report for informed decisions. With our expert guidance, you can rest assured that your company remains aligned with all legal requirements, allowing you to focus on growth and innovation while minimising risks. Let Vakilsearch be your trusted partner in maintaining seamless annual compliance across all your business operations.
- TCS Q3 FY25 Results LIVE: Shares of TCS Decline Ahead of Earnings - January 9, 2025
- Germany Bans Oneplus Smartphones Over 5G Patent Disputes - October 4, 2024
- DC and Marvel Lose Trademark Rights to ‘Superhero’ - October 4, 2024