Written by Sonu
India’s top IT companies TCS, Infosys and HCLTech reported better-than-expected revenue growth, reflecting steady demand in key international markets. However, profitability remained under pressure due to higher statutory payouts following the implementation of the New Labour Code, which increased employee-related costs. Tata Consultancy Services (TCS) announced that its shares have turned ex-date for a special […]
Written by Sonu
Tata Consultancy Services (TCS) reported better-than-expected revenue performance for the third quarter of FY26, reflecting stable operating momentum amid a challenging global environment. The IT major posted consolidated revenue of $7.51 billion (₹67,087 crore) for the quarter, surpassing market estimates. Despite the revenue growth, net profit declined 13.9% year-on-year, impacted by one-off costs and margin […]
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