IT behemoth Tata Consultancy Companies (TCS) launched its March quarter outcomes on Thursday. For the reporting quarter, the corporate’s income has been recorded at Rs 64,479 crore. That is decrease than Zee Enterprise analysis estimates of Rs 64,591 crore, which estimated a 1 per cent rise in income quarter-on-quarter. IT main’s income in the course of the December quarter was at Rs 63,973 crore.
Consolidated web revenue for the March quarter declined 1.69 per cent to Rs 12,224 crore. The analysis desk estimated web revenue at Rs 12,517 crore, registering a light over 1.1 per cent rise from Rs 12,380 crore recorded within the earlier December quarter.
Throughout the identical interval final 12 months, the corporate had declared a web revenue of Rs12,434 crore.
In US greenback phrases, the IT main reported income of $7,465 million, whereas the fixed foreign money progress throughout FY25 stood at 4.2 per cent. For the quarter, Zee Enterprise analysis estimated to say no by 0.3 per cent.
Okay Krithivasan, Chief Govt Officer and Managing Director, mentioned “We’re happy to cross the $30 Billion in annual revenues and obtain a powerful order e-book for the second consecutive quarter. Our experience in AI and Digital Innovation, coupled with the unrivaled information of buyer context and world scale makes us the pillar of assist for our clients on this surroundings of macroeconomic uncertainty. We stay dedicated to staying near our clients and serving to them obtain their core priorities.”
Order e-book worth
The order e-book whole contract worth (TCV), nevertheless, stood at $12.2 billion in the course of the evaluation quarter versus $10.2 billion in Q3FY25. In Q1 and Q2, the TCV was at $8.3 billion and $8.6 billion, respectively.
TCS dividend
For the FY25, the corporate declared a closing dividend of Rs 30 per share. Accordingly, the full dividend for the fiscal 12 months ending March 31, 2025 is at Rs 126.
