TCS Q3 results: Net profit jumps 12% to Rs 12,380 cr, revenue swells 5.6%

An uncertain macro environment and slow discretionary spending on the part of its clients in major markets, coupled with seasonality weaknesses owing to furloughs, affected the third-quarter (October-December 2024) FY25 performance of India’s largest information-technology services player, Tata Consultancy Services (TCS).

TCS’ net profit for the third quarter, at Rs 12,380 crore, was up 11.9 per cent over Rs 11,058 crore in the same quarter of FY24.