TCS may see margin growth amid muted Q3 revenues: Analysts

Tata Consultancy Services (TCS), which will report its October-December earnings on Thursday, is expected to report muted revenue growth for the quarter. However, analysts expect a boost in its margins due to operational efficiencies and favourable cost structures.

According to Bloomberg estimates, the IT firm’s revenue for Q3 FY25 is projected at Rs 64,754 crore, reflecting a modest 0.8% sequential growth. Ebitda is expected to rise by 3.7% to Rs 17,351 crore, with net profit estimated at Rs 12,541 crore, marking a 5.8% quarter-on-quarter increase.