India’s largest IT firm, Tata Consultancy Services (TCS), announced a 13.91% drop in net profit to ₹10,657 crore for the December quarter of FY25. This is down from ₹12,380 crore in the same period last year. The previous quarter's net profit was ₹12,075 crore. Despite the profit decline, TCS's revenue from operations rose 4.86% to ₹67,087 crore, compared to ₹63,973 crore a year ago. The operating profit margin remained stable at 25.2%, matching the September quarter and improving from 24.5% last year. TCS CEO and MD K. Krithivasan said, "The growth momentum witnessed in the September quarter continued into the next three months as well." He also shared that annualized revenues from artificial intelligence have jumped over 17%, reaching $1.8 billion. The company secured new deals valued at $9.3 billion in the quarter. On January 12, TCS shares closed up 0.86% at ₹3,235.70 on the BSE.