Tata Consultancy Services, the country's largest IT services company, January 17 registered a 0.94 percent and up 0.16 percent YoY in third quarter net profit at Rs 8,118 crore.

Revenue in rupee terms grew by 2.3 percent QoQ (up 6.7 percent YoY) to Rs 39,854 crore for the quarter ended December 2019.

The dollar revenue increased 1.3 percent sequentially to $5,586 million amid seasonally weak quarter.

Total income during the quarter under review stood at Rs 40,672 crore, up 5.63 per cent YoY. Basic and diluted earnings per share (EPS) of the company stood at Rs 21.63, up 0.13 per cent YoY. The company's operating margin stood at 25 per cent. Net cash from operations stood at nearly Rs 9,451 crore which was 116.4 per cent of net income.

Constant currency revenue growth for the quarter slowed down further for third consecutive quarter, coming in at 6.8 percent YoY against 8.4 percent in September quarter and 12.1 percent in December quarter 2018. 

At operating level, earnings before interest and tax (EBIT) rose by 6.5 percent sequentially to Rs 9,974 crore and margin expanded by 100bps to 25 percent for

IT services attrition rate for the quarter stood at 12.2 percent.

The company also announced interim dividend of Rs 5, record date of which has been fixed on January 25 while the payment date is January 31.