Tata Consultancy Services, India's largest software company, posted a smaller-than-expected third-quarter revenue on Thursday as its key North America market underperformed for the fifth quarter in a row.

India’s Tata Consultancy Services Ltd. reported earnings that missed analysts’ estimates, signaling overseas clients are still cautious in betting big on information technology projects.

Geographically, demand was led by India market, which grew 70.2 percent YoY in constant currency (CC) terms, followed by MEA at 15 percent, Asia Pacific at 5.8 percent and Latin America at 7 percent.

Tata Consultancy Services , India's largest software company, posted a smaller-than-expected third-quarter revenue on Thursday as clients pared tech spends on account of macro-economic uncertainty.

The company's revenue for Q3FY25 stood at ₹63,973 crore, a 5.6% rise from ₹60,583 crore in the same quarter of the last financial year. However, the figure came in a tad lower than market estimates which had projected ₹64,750 crore.

Results: Tata Consultancy Services (TCS) reported a 12% rise in consolidated net profit for the December quarter, reaching Rs 12,380 crore, compared to the previous year's Rs 11,058 crore. The company declared an interim dividend of Rs 10 per share and a special dividend of Rs 66 per share.

India’s largest IT services firm, is set to release its audited financial results for the third quarter (Q3) and nine-month period ending December 31, 2024, today. The board meeting, scheduled for January 9,