TCS Q3 Results Update; Quarterly Profit and Earnings | TCS’ profit of ₹ 12,380 crore in the third quarter: It increased by 3% on quarterly basis, the company will also give a dividend of Rs 10 per share.

IT company Tata Consultancy Services Limited (TCS) has released the results of the third quarter (Q3FY25) of the financial year 2024-25 today i.e. on January 9. In the October-December quarter, TCS’s consolidated net profit increased by about 3% quarter-on-quarter to Rs 12,380 crore. Earlier in the July-September quarter it was Rs 11,909 crore.

However, there has been a decline in the company’s income. It stood at Rs 63,973 crore in the October-December quarter. In the last quarter, the company had earned an income of Rs 64,259 crore. At the same time, EBIT increased from Rs 15,469 crore to Rs 16,900 crore on a quarterly basis.

TCS profit up 3% in Q3 FY25 increased

Company will give dividend of Rs 10 per share Along with the results, TCS has also announced an internal dividend of Rs 10 per share and a special dividend of Rs 66 for its shareholders. Companies give some part of the profits to their shareholders, it is called dividend.

TCS shares rose 9.60% in last one year Today TCS shares closed at 4,044 with a fall of 1.57%. The stock has given a negative return of 9.17% in the last 1 month. However, TCS stock has given a positive return of 1.47% in the last 6 months and 9.60% in the last one so far.

TCS was established in 1968 Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) company. It is a subsidiary company of Tata Group. TCS was founded in 1968 as ‘Tata Computer Systems’. TCS became a public listed company on 25 August 2004.

In 2005, it became the first company in India to enter the informatics market. In April 2018, it became the first IT company in the country with a market capitalization of $ 100 billion. The current market cap of the company is Rs 14.17 lakh crore. It operates at 149 locations in 46 countries.

There is more news…