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of <h1>TCS Navigates Economic Headwinds with Cautious Strategy, Defers Wage Hikes While Securing $12.2B in New Project Wins</h1> Tata Consultancy Services (TCS) reported a 1.7% decline in Q4 net profit to Rs 12,224 crore, citing business uncertainties and margin contraction. The company deferred wage hikes for its 6.07 lakh employees and experienced challenges in discretionary spending. Despite difficulties, TCS achieved new project wins of USD 12.2 billion and expects FY26 to be better than FY25 in revenue. The company's annual net profit grew 4.2% to Rs 48,553 crore with a 6% revenue increase.
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