{"id":847050,"date":"2025-05-09T20:12:06","date_gmt":"2025-05-10T01:12:06","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/09\/indias-tcs-posts-small-profits-dip-in-challenging-environment\/"},"modified":"2025-05-09T20:12:06","modified_gmt":"2025-05-10T01:12:06","slug":"indias-tcs-posts-small-profits-dip-in-challenging-environment","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/09\/indias-tcs-posts-small-profits-dip-in-challenging-environment\/","title":{"rendered":"India’s TCS posts small profits dip in ‘challenging’ environment"},"content":{"rendered":"
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India’s TCS posts small profits dip in ‘challenging’ environment
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\nby AFP Staff Writers
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\nMumbai (AFP) April 10, 2025
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Indian IT giant Tata Consultancy Services (TCS) reported on Thursday weaker-than-expected results for the March quarter, as lingering demand weakness weighed on the company’s operations.<\/p>\n

TCS, the leader of India’s $254 billion IT sector, earns the bulk of its revenue from Western clients but demand has slowed in recent years due to high inflation and global uncertainty.<\/p>\n

It had forecast better demand this year, but both TCS and the broader sector still await growth momentum.<\/p>\n

A continuing reluctance by American and European clients to spend on big tech projects as well as US President Donald Trump’s chaotic economic policies have also further clouded the industry’s outlook.<\/p>\n

The company’s net profit for the three months ended March 31 fell 1.69 percent year-on-year to 122.24 billion rupees ($1.42 billion).<\/p>\n

Analysts had projected a bottom-line of 127.7 billion rupees on average.<\/p>\n

Revenue for the March quarter rose 5.3 percent year-on-year to 644.79 billion rupees, missing analyst expectations of 647.41 billion rupees.<\/p>\n

Chief financial officer Samir Seksaria said in a statement that the company had delivered profitability in what was a “very challenging environment”.<\/p>\n

“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,” Seksaria added.<\/p>\n

TCS’s Indian rival Infosys is due to report its quarterly results next week.<\/p>\n

asv\/pjm\/dhc<\/p>\n

Tata Consultancy Services<\/org>\n<\/p>\n

Infosys<\/org>\n<\/p>\n

Related Links<\/b>
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Satellite-based Internet technologies<\/a>
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India’s TCS posts small profits dip in ‘challenging’ environment by AFP Staff Writers Mumbai (AFP) April 10, 2025 Indian IT giant Tata Consultancy Services (TCS) reported on Thursday weaker-than-expected results for the March quarter, as lingering demand weakness weighed on the company’s operations. TCS, the leader of India’s $254 billion IT sector, earns the bulk<\/p>\n","protected":false},"author":1,"featured_media":847051,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4951,1605],"tags":[8366,12273],"class_list":{"0":"post-847050","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-indias","8":"category-posts","9":"tag-indias","10":"tag-posts"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/847050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=847050"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/847050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/847051"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=847050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=847050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=847050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}