Tata Consultancy Services (TCS) reported its third-quarter (Q3) results on January 9, 2025. Key highlights include:

• Revenue: The consolidated revenue increased by 5.6% year-over-year to ₹639.73 billion (approximately $7.45 billion), slightly below analysts’ expectations of ₹644.52 billion.
• Net Profit: Net profit rose by 12% to ₹123.80 billion, marginally under the anticipated ₹123.99 billion.
• Operating Margin: The operating margin improved to 24.5%, aided by favorable currency rates.
• Order Book: TCS reported a total contract value (TCV) of $10.2 billion for the quarter, indicating strong deal wins.
• Employee Base: The company’s workforce decreased by over 5,000 employees, bringing the total to 607,354 at the end of the quarter.