Tata Consultancy Services (TCS) reported a net profit of ₹12,380 crore (approximately $1.4 billion) for the third quarter of FY25, marking an 11.96% increase year-over-year. The company also experienced a net decline of 5,370 employees during this period, bringing its total workforce to 607,354. Revenue for the quarter grew by 5.6% to ₹63,973 crore, although it saw a slight sequential decline of 0.4%. TCS's strong performance was driven by significant order bookings amounting to $10.2 billion. The board has approved a dividend of ₹76 per share. Analysts have mixed views on the stock, with target prices ranging from ₹4,020 to ₹5,200, reflecting optimism about long-term growth despite near-term challenges. Following the earnings announcement, TCS shares surged approximately 5%, contributing to a broader rally in the IT sector, which saw the Nifty IT index rise by 2% amidst a generally weak market environment.