ET Year-end Special Reads
This is nearly in line with the Street’s estimates of Rs 12,490 crore.
TCS has also announced an inteim dividend of Rs 10 per share and Rs 66 per share as special dividend to shareholders.
The revenue for Q3FY25 stood at Rs 63,973 crore, marking a 5.6% increase compared to Rs 60,583 crore reported by IT major in the same quarter of the previous financial year. However, it fell short of Street estimates, which had anticipated Rs 64,750 crore.
The quarter saw strong growth in Total Contract Value (TCV) despite the seasonally challenging Q3, positioning TCS for long-term growth, according to the company’s filing with the exchanges.
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