TCS Q3 Results: Company Continues Strong Growth Amid Macro Challenges

Revenue rose 3% year-on-year in constant currency terms to ₹50,591 crore, supported by strong order booking over the last year.

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TCS Q3 Results: Company Continues Strong Growth Amid Macro Challenges

Revenue rose 3% year-on-year in constant currency terms to ₹50,591 crore, supported by strong order booking over the last year.

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Net profit increased 5.4% to ₹10,422 crore compared to ₹9,901 crore in the corresponding period last year, with margins expanding 30 basis points.

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TCS signed $8.2 billion worth of total contract value in the quarter, notably with firms in healthcare, retail and technology verticals.

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Revenue in US dollar terms grew 2.7%, slower than previous but still outpacing larger rivals. Operating margins improved to 25% from 24.7% a year ago, reflecting good cost optimization.

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The company said furloughs slowed discretionary spending but demand remains resilient overall, supported by long-term digital transformations.

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In a post-earnings call, CEO Rajesh Gopinathan pointed to strong pipeline and shift to “never normal” operating models among clients.

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