Key insights
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1
Operating margin held steady sequentially: The operating profit margin in Q3 was 25.2%, stable compared with the September quarter and higher than 24.5% in the year-ago period.
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2
AI revenue growth reported: K. Krithivasan said annualized revenues from artificial intelligence jumped by over 17% to $1.8 billion.
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3
New deal wins quantified: Total contract value of new deal wins was $9.3 billion in the December quarter.
Takeaways
TCS reported lower December-quarter profit, higher revenue, a 25.2% operating margin, and $9.3 billion in new deal wins.
Topics
Technology & Innovation Artificial Intelligence Business & Markets Markets