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The Tata Group business had actually reported a web revenue of Rs 11,058 crore in the year-ago duration, and Rs 11,909 crore in the coming before September quarter.
TCS has actually stated a reward of Rs 76 per share, consisting of an unique reward of Rs 66 per share.
TCS Hiring 2025: TCS CHRO Milind Lakkad on Thursday stated that there isn’t a straight straight relationship in between head count and development. However, the business gets on track to work with 40,000 prospects via school employment in FY25. TCS advertised over 25,000 workers in the 3rd quarter of FY25, bringing the overall variety of promos for the to almost 20% of its labor force– over 1,10,000 workers.
For FY26, the business expects a somewhat greater working with number to be kept.
Lakkad stated school hiring is going according to strategy. He included that the attrition is anticipated to minimize in the coming quarters.
The attrition price increased to 13% in Q3, up from 12.3% in the previous quarter.
As of December 31, TCS’ labor force stood at 607,354, mirroring a consecutive decrease from 612,724 in Q2 of the 2024-25 fiscal year. This notes a web decrease in worker matter after 2 successive quarters of enhancements.
TCS Results Q3 2024
TCS reported an 11.95% enter web revenue at Rs 12,380 crore in the December quarter while the total labor force minimized by over 5,000 workers.
The Tata Group business had actually reported a web revenue of Rs 11,058 crore in the year-ago duration, and Rs 11,909 crore in the coming before September quarter.
The business’s income expanded 5.6% to Rs 63,973 crore as versus Rs 60,583 crore a year previously. However, it was below Rs 64,259 crore in the September quarter.
New order reservations came with USD 10.2 billion in what is labelled as a seasonally tough quarter because of the holiday.
Chief Executive K Krithivasan stated the brand-new orders were throughout sectors, locations and solution lines, which provides a “great exposure to lasting development”.
He said the banking, financial services and insurance, along with consumer businesses are returning to growth and there are early signs of a revival in discretionary spend in some verticals.
These two trends, along with continuing strong growth in regional markets makes the company confident for the future, he added.
The operating profit margin came at 24.5% as against 24.1% in the quarter-ago period, but still lower than the aspirational bracket.
The company board announced a dividend of Rs 76 per share, including a special dividend of Rs 66 per share.
TCS also announced the acquisition of land bank in Bengaluru from a Tata Group company for Rs 1,625 crore.
The TCS scrip closed 1.72% down at Rs 4,036.65 apiece on the BSE on Thursday, as against a 0.68% correction on the benchmark.
