TCS Q3 results: From profit, revenue to deal winds- 5 key highlights from December quarter earnings
TCS Q3 results: IT major Tata Consultancy Services (TCS) on Monday, January 12, reported a nearly 14% year-on-year (YoY) fall in its consolidated profit at ₹10,657 crore for the December quarter of the current financial year. In the same quarter last year, the company’s profit was ₹12,380 crore.
Revenue from operations for the quarter, however, rose nearly 5% YoY to ₹67,087 crore from ₹63,973 crore in the same quarter last year. On the other hand, in constant currency (CC) terms, TCS reported a 2.6% YoY fall but a modest 0.8% QoQ growth in revenue.
