TCS net profit jumps 12 per cent in Q3, sees early signs of revival for 2025

Tata Consultancy Services (TCS) kicked off the earnings season on Thursday with a mixed set of numbers for the quarter ended December 31 2024, but indicated the early signs of revival in discretionary spending thereby signalling a better 2025.

India’s largest IT services firm reported consolidated net profits that were in line with estimates, but its revenues missed the forecast of brokerages.