TCS Q3 Profit Dips 14% to ₹10,657 Crore Amid New Labor Codes Impact

• TCS announced its Q3 results on January 12.
• The company's profit in the December quarter was significantly impacted by new labor codes.
• TCS reported a 14% decline in profit for the quarter.
• The profit for the December quarter stood at ₹10,657 crore.

Why It Matters: TCS Q3 profit dropped 14% to ₹10,657 crore, primarily due to new labor codes.