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TCS reports $7.5bn Q3 FY25 revenue, bolstered by AI growth [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
The Q3 FY25 revenue reflects a 0.6% increase from the previous quarter and a sequential growth of 0.8% in constant currency. Net income of the Indian IT firm stood at $1.5bn in the reported quarter, a 3.1% year-over-year increase, with the net margin improving by 40 basis points to 20.0%. AI services have been a significant growth driver, with annualised revenue hitting $1.8bn, marking a 17.3% increase quarter-over-quarter in constant currency. The operating margin remained stable at 25.2%, and cash flow from operations was robust at 130.4% of net income. The total contract value for the quarter was reported at $9.3bn. TCS CEO and managing director K Krithivasan said: “The growth momentum we witnessed in Q2FY26 continued in Q3FY26. We remain steadfast in our ambition to become the world's largest AI-led technology services company, guided by a comprehensive five-pillar strategy. “Our AI services now generate $1.8bn in annualised revenue, reflecting the significant value we
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