India, April 10 -- IT services giant Tata Consultancy Services (TCS) on Thursday, released its fourth quarter earnings for the financial year 2024-25.

The company saw its consolidated net profit drop by 1.67 per cent to Rs.12,293 crore from Rs.12,502 crore during the fourth quarter of the previous year. This was a decrease of Rs.209 crore.

The drop in net profit came despite a rise in revenue from operations, which was up 5.29 per cent to Rs.64,479 crore from Rs.61,237 crore during the same quarter of the previous year, which is a difference of Rs.3,242 crore.

The main reason for the drop in net profit was due to increased expenses. Total expenses were up as much as 7.81 per cent to Rs.49,105 crore from Rs.45,545 crore earlier, which i...