https://www.taxtmi.com/news?id=73730 TCS reported a rise in June-quarter net profit and revenue, while saying demand was sluggish because of geopolitical disruption and some client deferrals. Management expects demand to resume in the ongoing quarter as customers work through a technology backlog. The company also cited AI-related investments, strong deal conversion, wage-driven margin pressure, continued hiring and attrition trends, and growth in India revenues alongside weaker performance in some geographies and business segments. en-us Thu, 09 Jul 2026 21:16:03 +0530 Thu, 09 Jul 2026 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73730 TCS reported a rise in June-quarter net profit and revenue, while saying demand was sluggish because of geopolitical disruption and some client deferrals. Management expects demand to resume in the ongoing quarter as customers work through a technology backlog. The company also cited AI-related investments, strong deal conversion, wage-driven margin pressure, continued hiring and attrition trends, and growth in India revenues alongside weaker performance in some geographies and business segments. News - Thu, 09 Jul 2026 21:16:03 +0530 https://www.taxtmi.com/news?id=73730