Tata Consultancy Services (TCS) reported stable December Quarter 2024 results. Revenue stood at Rs 63,9730 million in Q3FY25 compared to Rs 60,5830 million same period previous year. Earnings before interest, tax, depreciation and amortization (EBITDA) margin was reported at 24.5% in Q3FY25 compared to 25% in the same period previous year. Margins were impacted by furloughs and seasonality but improved 40 basis points (bps) QoQ in Q3FY25. In dollar terms, revenue stood at $ 7,539 million with a YoY growth of 4.5% in Q3FY25 in constant currency. Net profit for Q3FY25 stood at Rs 12,4440 million, up 12% YoY.
