TCS Q3 results: IT major Tata Consultancy Services (TCS) on Monday, January 12, reported a nearly 14% year-on-year (YoY) fall in its consolidated profit at ₹10,657 crore for the December quarter of the current financial year. In the same quarter last year, the company’s profit was ₹12,380 crore.
Revenue from operations for the quarter, however, rose nearly 5% YoY to ₹67,087 crore from ₹63,973 crore in the same quarter last year.
“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,” said K Krithivasan, Chief Executive Officer and Managing Director, TCS.
“Our AI services now generate $1.8 billion in annualised revenue, reflecting the significant value we provide to clients through targeted investments across the entire AI stack, from Infrastructure to Intelligence,” Krithivasan said.
(This is a developing story. Please check back for fresh updates.)
