Business

TCS Reports a 12% Profit Surge in Q3: Announces Rs 10 Interim Dividend and Rs 66 Special Dividend

TCS Q3 Results FY25 Highlights

Tata Consultancy Services (TCS) has announced a significant 12% increase in its consolidated net profit for the December quarter, reaching Rs 12,380 crore, up from Rs 11,058 crore in the same period last year. This performance is in line with market expectations, showcasing the company's resilience and growth trajectory.

TCS Q3 results: Tata Consultancy Services sees 12% rise in profit; interim dividend of Rs 10 per share declared

Dividend Announcements

In a move that underscores its strong financial health, TCS declared an interim dividend of Rs 10 per share, alongside a special dividend of Rs 66 per share, rewarding its shareholders for their continued support and confidence in the company.

Revenue Growth and Market Performance

The IT giant's revenue for Q3FY25 stood at Rs 63,973 crore, marking a 5.6% growth from the previous year's Rs 60,583 crore. Although this figure slightly missed market projections, TCS's robust Total Contract Value (TCV) and balanced growth across sectors and regions highlight the company's strategic positioning for sustained growth.

Leadership's Optimistic Outlook

K Krithivasan, CEO and Managing Director of TCS, expressed optimism about the company's future, citing the excellent TCV performance in Q3 and the balanced distribution across various sectors. He emphasized the positive long-term prospects, supported by the company's investments in upskilling, AI/Gen AI innovations, and strategic partnerships.