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TCS Q3 FY24 Results Today: Revenue predicted at Rs 63,929-Rs 64,564 crore; earnings at Rs 12,029-Rs 12,653 crore. Watch for administration discourse on IT patterns and the affirmation of the 3rd acting reward.
Tata Consultancy Services (TCS), India’s biggest IT solutions firm, is readied to reveal its Q3 FY24 economic outcomes onThursday The profits will certainly be stated throughout the post-market hours. The TCS administration will certainly resolve the media at 5:30 pm, which will certainly additionally be relayed on the firm’s YouTube network, while the experts’ telephone call will certainly happen at 7:30 pm. According to brokerage firm price quotes, TCS is anticipated to report a YoY earnings development of 6.32-6.57 percent and a QoQ development of -0.51 percent to + 0.47 percent. The earnings is most likely to expand 8.78-14.42 percent YoY and a 1.01-6.25 percent QoQ.
Key Things To Watch Out For
Management Commentary: The administration discourse on bargain victories, IT investing patterns, and macroeconomic problems will certainly be critical fit assumptions for the remainder of FY25.
TCS Q3 Revenue: According to numerous brokerage firm price quotes, TCS is anticipated to report incomes in the series of Rs 63,929 crore to Rs 64,564 crore, with a typical assumption of Rs 64,218 crore. This stands for a YoY development of 6.57-6.32 percent and a QoQ development of -0.51 percent to 0.47 percent.
TCS Q3 Profit: On the earnings front, internet earnings is predicted to array in between Rs 12,029 crore and Rs 12,653 crore, balancing at Rs 12,308 crore. This mirrors YoY development of 8.78-14.42 percent and a QoQ renovation of 1.01-6.25 percent.
TCS Dividend 2024 Tata Consultancy Services (TCS), the IT titan, is readied to reveal a reward for its investors on Thursday, accompanying the launch of its monetary third-quarter profits record. In a regulative declaring dated December 31, TCS mentioned, “In conformity with Regulation 29( 1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we thus educate you that the Board of Directors of Tata Consultancy Services Limited will certainly satisfy on Thursday, January 9, 2025, to think about, to name a few issues, the affirmation of a 3rd acting reward for equity investors.”
If declared, this would mark the third interim dividend of the financial year (FY2024-25) for the company.
In the previous quarter of Q2 FY25, TCS’ revenue had stood at Rs 64,259 crore, while net profit was at Rs 11,909 crore. In the year-ago Q3 FY24, its revenue was at Rs 60,583 crore a year ago and net profit at Rs 11,058 crore a year ago.