India's TCS Posts First-Quarter Revenue Miss on Shrinking Tech Spends

India's TCS posts first-quarter revenue miss on shrinking tech spends

BENGALURU (Reuters) -- India's Tata Consultancy Services reported lower-than-expected first-quarter revenue on Thursday as clients remained cautious a

What TCS Q1 Earnings Mean For The IT Sector

The IT sector has been in a state of flux for the last three quarters, and Tata Consultancy Services Ltd.'s earnings bring little clarity about what lies ahead.To begin with, there were two key uncertainties in the US market — the Trump tariffs and the 'Big Beautiful Bill'. While the passing of the latter has brought some clarity for the healthcare sector, the Trump tariffs continue to weigh on demand for IT services.TCS saw a contraction in dem…

TCS Sees 3% Revenue Drop Despite AI Gains, Signals Bleak Q1 for Indian IT

TCS opened the new fiscal year with disappointing numbers and familiar challenges, and little to no confidence in generative AI. Revenue for Q1 FY26 came in at ₹63,437 crore, up just 1.3% YoY, but down 3.1% in constant currency, making it another poor quarter for the company.  In terms of QoQ, the revenue largely stayed flat compared to Q4 FY25, where the growth stood at just 0.8% QoQ and 5.3% YoY in dollar terms. Even as revenue slowed, TCS man…

India's TCS misses June quarter revenue estimates

Indian IT giant Tata Consultancy Services's June-quarter revenue fell short of expectations, figures reported Thursday showed. Consolidated sales at the leader of India's IT sector rose 1.3 percent year-on-year to 634.37 billion rupees ($7.4 billion), shy of the 646.66 billion rupees...