TCS Q1 Results, July 10 -- IT major Tata Consultancy Services (TCS) reported its June quarter (Q1FY26) earnings after market hours on Thursday, July 10. The company reported a 6 per cent year-on-year growth in profit, but revenue inched up by just 1 per cent.
The company highlighted demand contraction due to global macroeconomic and geopolitical uncertainties, but added it saw robust deal closures during the June quarter.
"The continued global macroeconomic and geopolitical uncertainties caused a demand contraction. On the positive side, all the new services grew well. We saw robust deal closures during this quarter," said K Krithivasan, Chief Executive Officer and Managing Director, TCS.
"We remain closely connected to our customers t...
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