Markets.com Logo
euEnglish
LoginSign Up

TCS share price highlights: TCS is set to announce Q3 results today

Jan 9, 2025
3 min read
Table of Contents
  • 1. TCS share price soared
  • 2. TCS Q3 results preview
  • 3. TCS Q3 Revenue Outlook: Furloughs and BSNL Deal Impact Projections
  • 4. TCS Q3 EBIT Margins Expected to Improve

tcs-stock.jpg

TCS share price surges as much as 0.71 per cent to hit an intraday high of Rs 4136.90 per share, on the other hand, TCS share price dropped as much as 0.90 per cent to hit an intraday low of Rs 4,070.25 apiece.
 


TCS share price soared


TCS share price soared as much as 0.71 per cent to hit an intraday high of Rs 4136.90 per share. On the other hand, TCS share price dropped as much as 0.90 per cent to hit an intraday low of Rs 4,070.25 apiece.

However, at 12:11 PM, TCS share price was trading 0.51 per cent lower at Rs 4,086.40 per share. In comparison, BSE Sensex was trading 0.55 per cent lower at 77,722.22 levels.


source: tradingview


TCS Q3 results preview


Brokerages tracked by Business Standard expect TCS to report a 6.3 per cent year-on-year (Y-o-Y) revenue growth for Q3, reaching Rs 6,445.63 crore, up from Rs 6,060 crore in the previous year. 

Tata Consultancy Services (TCS), the largest information technology company in India, is set to announce its third-quarter earnings for FY25 on Thursday, January 9, 2025.

According to brokerages monitored by Business Standard, TCS is expected to report a year-on-year revenue growth of 6.3%, averaging around ₹6,445.63 crore, compared to ₹6,060 crore in the same quarter last year. On a quarter-on-quarter basis, revenue is projected to see a slight increase of 0.24%. However, this revenue growth may be influenced by seasonal furloughs and a reduction in revenue from the BSNL deal, which reached its peak in Q2.

Further, they expect TCS' adjusted profit after tax (PAT) for the quarter ended December 31, 2024, at an average of Rs 1,241.96 crore, an increase of 5.2 per cent as compared to Rs 1,180 crore a year ago. On a quarterly basis, the ajusted PAT is expected to grow at an average of 3.4 per cent.

Analysts say investors should focus on the management's commentary on near-term demand and pricing environment, BFSI, and deal wins.
 


TCS Q3 Revenue Outlook: Furloughs and BSNL Deal Impact Projections


Meanwhile, Q3 revenue is anticipated to be affected by seasonal furloughs and a decrease in revenue from the BSNL deal, which reached its peak in Q2.

Brokerages project revenue to be around ₹6,446 crore, up from ₹6,058 crore in the same period last year, reflecting a year-on-year growth of 6.4%. This figure represents a slight increase from ₹6,426 crore in the previous quarter.

Earnings before interest and taxes (EBIT) margins are expected to improve by 70 basis points quarter-on-quarter, despite challenges from furloughs. Factors such as rupee depreciation and reduced contributions from BSNL are likely to bolster margins. Analysts also anticipate that deal wins will remain steady, falling within the range of $7-9 billion.
 


TCS Q3 EBIT Margins Expected to Improve


The brokerage expects Ebit margins at 24.8 per cent for Q3 as compared to 24.1 per cent in Q2FY25.

Motilal Oswal: The brokerage expects growth to be subdued at 0.4 per cent Q-o-Q CC and revenue to be impacted by furloughs; however, client-specific challenges are likely to normalise in 3Q.

As per analysts at Motilal Oswal, EBIT margins are likely to improve by 40 bps, driven by talent development, training, and operational efficiency.

Motilal Oswal anticipates Ebit margins at 24.5 per cent as compared to 24.1 per cent Q-o-Q.

Further, the deal pipeline should remain healthy and there is some good momentum in Banking, Financial Services, and Insurance (BFSI), but weakness in UK/Europe and manufacturing needs to be monitored.
 


Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients. 

Frances Wang
Written by
Frances Wang
SHARE

Markets

  • Palladium - Cash

    chartpng

    --

    0.74%
  • EUR/USD

    chartpng

    --

    0.15%
  • Cotton

    chartpng

    --

    -0.94%
  • AUD/USD

    chartpng

    --

    0.20%
  • Santander

    chartpng

    --

    2.07%
  • Apple.svg

    Apple

    chartpng

    --

    -1.34%
  • easyJet

    chartpng

    --

    -1.07%
  • VIXX

    chartpng

    --

    -0.28%
  • Silver

    chartpng

    --

    -0.10%
Tags DirectoryView all
Table of Contents
  • 1. TCS share price soared
  • 2. TCS Q3 results preview
  • 3. TCS Q3 Revenue Outlook: Furloughs and BSNL Deal Impact Projections
  • 4. TCS Q3 EBIT Margins Expected to Improve

Related Articles

VAPE Stock Soars 600%: What’s Happening with CEA Industries?

VAPE Stock Soars 600%: CEA Industries, known by its ticker symbol VAPE, has recently seen a remarkable surge in its stock price, soaring by 600%.

Ghko B|1 day ago

DJT Stock Dips: What’s Going on with Trump Media?

DJT Stock Dips: Trump Media & Technology Group (TMTG) has become a focal point in the media landscape, especially with the launch of its social media platform, Truth Social.

Frances Wang|1 day ago

Trending Stocks Today: PLTR Stock , MCVT Stock, SMCI Stock, NVDA Stock

Trending Stocks Today: in the ever-evolving landscape of financial markets, certain stocks catch the attention of market participants due to their innovative approaches and strategic developments.

Frances Wang|2 days ago
Markets.com Logo
google playapp storeweb tradertradingView

Contact Us

support@markets.com+12845680155

Markets

  • Forex
  • Shares
  • Commodities
  • Indices
  • Crypto
  • ETFs
  • Bonds

Trading

  • Trading Tools
  • Platform
  • Web Platform
  • App
  • TradingView
  • MT4
  • MT5
  • CFD Trading
  • CFD Asset List
  • Trading Info
  • Trading Conditions
  • Trading Hours
  • Trading Calculators
  • Economic Calendar

Learn

  • News
  • Trading Basics
  • Glossary
  • Webinars
  • Traders' Clinic
  • Education Centre

About

  • Why markets.com
  • Global Offering
  • Our Group
  • Careers
  • FAQs
  • Legal Pack
  • Safety Online
  • Complaints
  • Contact Support
  • Help Centre
  • Sitemap
  • Cookie Disclosure
  • Awards and Media

Promo

  • Gold Festival
  • Crypto Trading
  • marketsClub
  • Welcome Bonus
  • Loyal Bonus
  • Referral Bonus

Partnership

  • Affiliation
  • IB

Follow us on

  • Facebook
  • Instagram
  • Twitter
  • Youtube
  • Linkedin
  • Threads
  • Tiktok

Listed on

  • 2023 Best Trading Platform Middle East - International Business Magazine
  • 2023 Best Trading Conditions Broker - Forexing.com
  • 2023 Most Trusted Forex Broker - Forexing.com
  • 2023 Most Transparent Broker - AllForexBonus.com
  • 2024 Best Broker for Beginners, United Kingdom - Global Brands Magazine
  • 2024 Best MT4 & MT5 Trading Platform Europe - Brands Review Magazine
  • 2024 Top Research and Education Resources Asia - Global Business and Finance Magazine
  • 2024 Leading CFD Broker Africa - Brands Review Magazine
  • 2024 Best Broker For Beginners LATAM - Global Business and Finance Magazine
  • 2024 Best Mobile Trading App MENA - Brands Review Magazine
  • 2024 Best Outstanding Value Brokerage MENA - Global Business and Finance Magazine
  • 2024 Best Broker for Customer Service MENA - Global Business and Finance Magazine
LegalLegal PackCookie DisclosureSafety Online

Payment
Methods

mastercardvisanetellerskrillwire transferzotapay
The www.markets.com/za/ site is operated by Markets South Africa (Pty) Ltd which is a regulated by the FSCA under license no. 46860 and licensed to operate as an Over The Counter Derivatives Provider (ODP) in terms of the Financial Markets Act no.19 of 2012. Markets South Africa (Pty) Ltd is located at BOUNDARY PLACE 18 RIVONIA ROAD, ILLOVO SANDTON, JOHANNESBURG, GAUTENG, 2196, South Africa. 

High Risk Investment Warning: Trading Foreign Exchange (Forex) and Contracts For Difference (CFDs) is highly speculative, carries a high level of risk and is not appropriate for every investor. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. Please read the full  Risk Disclosure Statement which gives you a more detailed explanation of the risks involved.

For privacy and data protection related complaints please contact us at privacy@markets.com. Please read our PRIVACY POLICY STATEMENT for more information on handling of personal data.

Markets.com operates through the following subsidiaries:

Safecap Investments Limited, which is regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under license no. 092/08. Safecap is incorporated in the Republic of Cyprus under company number ΗΕ186196.

Markets International Limited is registered  in the Saint Vincent and The Grenadines (“SVG”) under the revised Laws of Saint Vincent and The Grenadines 2009, with registration number  27030 BC 2023.

Close
Close

set cookie

set cookie

We use cookies to do things like offer live chat support and show you content we think you’ll be interested in. If you’re happy with the use of cookies by markets.com, click accept.