https://www.taxtmi.com/news?id=49060 TCS posted a modest net profit rise driven by non-core income, including a one-time tax write-back, while underlying revenue growth was weak and constant-currency revenues contracted due to a winding down of a major contract. Management cited demand contraction from macro and geopolitical uncertainty delaying discretionary client spending; operating margin narrowed slightly, wage hikes remain undecided, hiring targets held, and the board declared an interim dividend. Deal bookings were strong but client focus shifted toward cost optimisation, and management flagged disciplined M&A and rising attrition. en-us Thu, 10 Jul 2025 20:46:03 +0530 Thu, 10 Jul 2025 20:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=49060 TCS posted a modest net profit rise driven by non-core income, including a one-time tax write-back, while underlying revenue growth was weak and constant-currency revenues contracted due to a winding down of a major contract. Management cited demand contraction from macro and geopolitical uncertainty delaying discretionary client spending; operating margin narrowed slightly, wage hikes remain undecided, hiring targets held, and the board declared an interim dividend. Deal bookings were strong but client focus shifted toward cost optimisation, and management flagged disciplined M&A and rising attrition. News - Thu, 10 Jul 2025 20:46:03 +0530 https://www.taxtmi.com/news?id=49060