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TCS Q3 Results Today: Earnings Time, Profit, Revenue, Key Things To Watch Out For – News18

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TCS Q3 FY24 Results Today: Revenue projected at Rs 63,929-Rs 64,564 crore; revenue at Rs 12,029-Rs 12,653 crore. Watch for administration commentary on IT tendencies and the declaration of the third interim dividend.

TCS Q3 Results.

Tata Consultancy Services (TCS), India’s largest IT providers firm, is about to announce its Q3 FY24 monetary outcomes on Thursday. The earnings can be declared in the course of the post-market hours. The TCS administration will tackle the media at 5:30 pm, which can even be broadcast on the corporate’s YouTube channel, whereas the analysts’ name will happen at 7:30 pm. According to brokerage estimates, TCS is anticipated to report a YoY income development of 6.32-6.57 per cent and a QoQ development of -0.51 per cent to + 0.47 per cent. The revenue is more likely to develop 8.78-14.42 per cent YoY and a 1.01-6.25 per cent QoQ.

Key Things To Watch Out For

Management Commentary: The administration commentary on deal wins, IT spending tendencies, and macroeconomic situations can be pivotal in shaping expectations for the remainder of FY25.

TCS Q3 Revenue: According to numerous brokerage estimates, TCS is anticipated to report revenues within the vary of Rs 63,929 crore to Rs 64,564 crore, with a median expectation of Rs 64,218 crore. This represents a YoY development of 6.57-6.32 per cent and a QoQ development of -0.51 per cent to 0.47 per cent.

TCS Q3 Profit: On the profitability entrance, internet revenue is projected to vary between Rs 12,029 crore and Rs 12,653 crore, averaging at Rs 12,308 crore. This displays YoY development of 8.78-14.42 per cent and a QoQ enchancment of 1.01-6.25 per cent.

TCS Dividend 2024 Tata Consultancy Services (TCS), the IT big, is about to announce a dividend for its shareholders on Thursday, coinciding with the discharge of its fiscal third-quarter earnings report. In a regulatory submitting dated December 31, TCS said, “In accordance with Regulation 29(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of Tata Consultancy Services Limited will meet on Thursday, January 9, 2025, to think about, amongst different issues, the declaration of a 3rd interim dividend for fairness shareholders.”

If declared, this might mark the third interim dividend of the monetary 12 months (FY2024-25) for the corporate.

In the earlier quarter of Q2 FY25, TCS’ income had stood at Rs 64,259 crore, whereas internet revenue was at Rs 11,909 crore. In the year-ago Q3 FY24, its income was at Rs 60,583 crore a 12 months in the past and internet revenue at Rs 11,058 crore a 12 months in the past.

News business TCS Q3 Results Today: Earnings Time, Profit, Revenue, Key Things To Watch Out For
Ella Bennet
Ella Bennet
Ella Bennet brings a fresh perspective to the world of journalism, combining her youthful energy with a keen eye for detail. Her passion for storytelling and commitment to delivering reliable information make her a trusted voice in the industry. Whether she’s unraveling complex issues or highlighting inspiring stories, her writing resonates with readers, drawing them in with clarity and depth.
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