TCS Q3 Results Live Update at 1:05 pm: Key metrics to watch out for in TCS Q3FY25 earnings
- Revenue growth and margins
- Deals pipeline
- Management commentary
- Attrition and hiring
- Client acquisitions
TCS Q3 Results Live Update at 12:40 pm: Tata Consultancy Services stock is trading at ₹4,072.95 a unit, down 0.86%, on the NSE.
In the second quarter of FY24, TCS’ revenue stood at ₹64,259 crore, reflecting a 7.6% growth year-on-year (YoY) and a 2.6% rise quarter-on-quarter (QoQ).
The net profit was reported at ₹11,909 crore, growing 4.9% YoY and declining 1% QoQ.
*TCS Q3 Results Live Update at 11:52 am: Trading stats
- Traded volume: 10.12 lakh
- Traded value: ₹415.37 crore
- Total market cap: ₹14,75,691.27 crore
- Free float m-cap: ₹4,16,428.02 crore
*TCS Q3 Results Live Update at 11:32 am: Price information
- Issue price: ₹4,082.2 (-0.62%)
- Previous close: ₹4,108.40
- Open: ₹4,101
- High: ₹4,137.75
- Low: ₹4,076.45
*TCS Q3 Results Live Update at 11:02 am: Board of Directors
- N Chandrasekaran, Chairman (Non-Independent, Non-Executive)
- Aarthi Subramanian, Non-Executive Director
- Dr Pradeep Kumar Khosla, Director (Independent, Non-Executive)
- Al-Noor Ramji, Director (Independent, Non-Executive)
- Keki Mistry, Director (Independent, Non-Executive)
- Hanne Sorensen, Director (Independent, Non-Executive)
- K Krithivasan, Chief Executive Officer and Managing Director
*TCS Q3 Results Live Update at 10:34 am: Shares of TCS were trading at ₹4,126, reflecting a gain of 0.44%, on the NSE. The latest October-December quarter results will be announced post market hours.
*TCS Q3 Results Live Update at 10:18 am: The market capitalisation of the IT major stands at ₹14,96,169.64 crore as shares are up 0.65% to ₹4,135.25 apiece on the NSE.
*TCS Q3 Results Live Update at 9:57 am: Shares of Tata Consultancy Services are trading 0.11% higher at ₹4,112.80 apiece on the National Stock Exchange ahead of the quarterly earnings announcement.
In an exchange filing, the company said, “Tata Consultancy Services Limited has informed the Exchange about Board Meeting to be held on 09-Jan-2025 to consider and approve the quarterly audited financial results of the company for the period ended December 2024 and dividend.”
TCS Q3 results preview
According to experts, the company’s revenue is likely to be flat in the range of ₹64,150 to ₹64,250 crore. Revenue could take a hit because of higher furloughs during the year-ned – Christman and New Year, along with subdued momentum in new deal wins.
However, India’s largest IT services provider may post a 3%- 4% jump in net profit sequentially between ₹12,280 and ₹12,350 crore.