TCS net dips marginally to Rs 12,224 cr in Q4; declares dividend of Rs 30 per share
10-Apr-2025 05:34 PM 1284
New Delhi, Apr 10 (Reporter) Starting the earning season on a muted note, IT major and Tata Group flagship company Tata Consultancy Services (TCS) today reported about 1.5 per cent dip in net profit at Rs 12,224 crore year-on-year during the last or 4th quarter (January-March) of 2024-25, versus Rs 12,502 crore in the Q4 ended March 31, 2024. Company’s total income from operations rose 5.3 per cent to Rs 64,479 crore during the quarter ended March 31, 2025 compared to Rs 61,237 crore in the same quarter of 2023-24, the company said in a regulatory filing with the stock exchanges after its Board meeting today. TCS declared a dividend per share of Rs 30, the company said. For the full financial year 2024-25, TCS’s revenue grew 6 per cent y-o-y basis to Rs 255,324 crore compared to Rs 240,893 crore in the previous financial year that is 2023-24, TCS said adding the net profit during 2024-25 stood at Rs 48,553 crore up from Rs 45,908 crore in 2023-24. Commenting on the Q4 performance, K Krithivasan, Chief Executive Officer and Managing Director, said “We are pleased to cross the USD 30 Billion in annual revenues and achieve a strong order book for the second consecutive quarter. Our expertise in AI and Digital Innovation, coupled with the unmatched knowledge of customer context and global scale makes us the pillar of support for our customers in this environment of macroeconomic uncertainty. We remain committed to staying close to our customers and helping them achieve their core priorities.” "Clients continued to scale up their investments in AI and GenAI. We gained significant traction for our GenAI and Agentic AI services and solutions across industries and markets," TCS said, adding "Our AI for Business engagements continues to show significant growth quarter on quarter. For example, for a leading global OTT and big tech firm, we built a GenAI based movie script analyzer, that generates insights based on viewership data, movie scripts/content and enables our client to deliver a personalized, safe, authentic and engaging viewing experience." During FY25, we made great strides in reimagining Software Engineering through AI. Over a third of our client engagements use AI/GenAI for accelerated project outcomes and high quality. For a global financial services major, we are using a combination of GenAI and TCS Mastercraft™ to migrate over 50 million lines of COBOL code to Java. Samir Seksaria, Chief Financial Officer, said, “In FY25, our disciplined execution and operational rigor stood out again, as we defended our industry-leading margins while continuing with our investments in talent and capability building. We delivered robust profitability and cash flows this quarter in a very challenging environment without compromising on the right investments in our people, innovation and infrastructure for long-term value creation...////...
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