TCS profits rise 8.8% to ₹12,105 cr in Q1 on India revenue growth

Tata Consultancy Services kicked off the first quarter of FY25 with an 8.8 per cent year-on-year growth in profits to ₹12,105 crore. During the same time last year, the IT behemoth has reported a profit of ₹11,120 crore. On a sequential basis, profit fell by 3.1 per cent, as the firm reported a profit of ₹12,502 crore in the previous quarter.

Regional markets continue to outperform western geographies when it comes to growth. India revenue rose by 61.8 per cent, meanwhile the revival in UK business has stagnated reporting a y-o-y growth of 6 per cent. North America and Continental Europe continue to show minimal recovery.