Tata Consultancy Services Q3 net profit up 12 per cent to Rs 12,380 crore

BENGALURU: The country’s largest IT services company Tata Consultancy Services (TCS) on Thursday reported a 12% increase in its net profit at Rs 12,380 crore for the third quarter ended December 2024 compared to Rs 11,058 crore in the same quarter last year.

However, excluding the settlement of the legal claim, its y-o-y net income growth stood at 5.5%. According to its filings with the BSE , the legal claim settlement stood at Rs 958 crore. The company’s net margin for the third quarter was at 19.4%.