Business

TCS Reports Slight Dip in Q4 Profits but Achieves Milestone with FY25 Revenue Exceeding $30 Billion

TCS Q4 Financial Performance Amid Global Economic Challenges

India's premier IT services giant, Tata Consultancy Services (TCS), has announced a slight 1.68% decline in its consolidated net profit, amounting to Rs 12,224 crore for the quarter ending March 2025. Despite this, the company witnessed a 5.3% year-on-year increase in revenue, reaching Rs 64,479 crore, showcasing resilience in a period marked by global economic uncertainties.

TCS Q4 profit dips 1.7%, but FY25 revenue crosses $30 billion mark

Annual Growth and Strategic Achievements

For the entire fiscal year FY25, TCS celebrated a 5.76% rise in net profit to Rs 48,553 crore, with revenues climbing to Rs 2,55,324 crore, up by 5.99% compared to the previous year. CEO K Krithivasan expressed satisfaction over crossing the $30 billion revenue milestone and securing a robust order book for the second consecutive quarter, attributing success to advancements in AI, digital innovation, and enduring customer relationships.

Workforce Expansion and Dividend Declaration

Adding to its achievements, TCS onboarded 42,000 trainees in FY25, as shared by CHRO Milind Lakkad. The company's board also approved a final dividend of Rs 30 per equity share, rewarding its shareholders amidst a challenging fiscal environment.

Global Market Volatility and Its Implications

The announcement comes against the backdrop of significant volatility in global markets, influenced by recent shifts in US tariff policies. Although the direct impact on Indian IT firms remains minimal, experts caution about potential effects on client sentiment and technology expenditures moving forward.