{"id":984983,"date":"2026-01-13T08:57:55","date_gmt":"2026-01-13T03:27:55","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=984983"},"modified":"2026-01-13T08:59:14","modified_gmt":"2026-01-13T03:29:14","slug":"tcs-q3-profit-drops-14-as-labour-law-costs-bite","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/13\/tcs-q3-profit-drops-14-as-labour-law-costs-bite\/","title":{"rendered":"TCS Q3 profit drops 14% as labour law costs bite"},"content":{"rendered":"<p>BENGALURU: IT major Tata Consultancy Services (TCS) on Monday reported a 14% year-on-year decline in consolidated net profit for the December quarter, mainly due to exceptional costs related to labour law changes, legal provisions and restructuring expenses. <\/p>\n<p>The company posted a net profit of Rs 10,657 crore, compared to Rs 12,380 crore in the same period last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: IT major Tata Consultancy Services (TCS) on Monday reported a 14% year-on-year decline in consolidated net profit for the December quarter, mainly due to exceptional costs related to labour law changes, legal provisions and restructuring expenses. The company posted a net profit of Rs 10,657 crore, compared to Rs 12,380 crore in the same period last year.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-984983","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/984983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=984983"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/984983\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=984983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=984983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=984983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}