Tata Consultancy Services (TCS). File
| Photo Credit: Reuters

India’s largest IT services firm, Tata Consultancy Services, on Thursday (April 10, 2025) reported a 1.68% dip in its consolidated net profit to ₹12,224 crore for the March 2025 quarter.

Tata Consultancy Services (TCS) — whose earnings marked the official start of IT results season — reported a total revenue of ₹64,479 crore in Q4 FY25, up 5.3% over the year-ago period.

For the full year FY25, TCS’ net profit rose 5.76% year-on-year to ₹48,553 crore.

The IT heavyweight wrapped up the fiscal FY25 with a full-year topline growth of 5.99% at ₹2,55,324 crore.

Chief Executive K Krithivasan said, “We are pleased to cross the $30 billion in annual revenues and achieve a strong order book for the second consecutive quarter”.

TCS’ expertise in AI and Digital Innovation, coupled with the knowledge of customer context and global scale, make the company a pillar of support for customers in this environment of macroeconomic uncertainty, he added.

“We remain committed to staying close to our customers and helping them achieve their core priorities,” he said.

Milind Lakkad, Chief HR Officer of TCS, said the trainee onboarding in FY25 was 42,000 as planned.

Meanwhile, the TCS board has recommended a final dividend of Rs 30 per equity share of Re 1 each of the company.

TCS’ Q4 report card comes amid storm clouds over the global economy triggered by the U.S. now-on, now-off tariff posturing that has thrown the world into a tizzy.

After days of stock market rout globally, and in the U.S., President Donald Trump declared, just hours ago, a three-month pause on reciprocal tariffs. The breather marked a rather unexpected U-turn after the stiff levies he imposed, which led to a global stock market meltdown that erased trillions of dollars in investors’ wealth.

For now, the rates for India and other countries will revert to a baseline of 10%, although Mr. Trump has raised tariffs on China, one of America’s biggest trading partners, to a staggering 125% after Beijing vowed a fresh trade offensive.