10-07-2025
TCS Profit Beats Estimates After Clients Spend Big on IT
Tata Consultancy Services Ltd. reported quarterly earnings that exceeded analysts' estimates, signaling a revival in tech spending by global enterprises.
Mumbai-headquartered TCS posted a net income of 127.60 billion rupees ($1.5 billion) for the first quarter through June, it said Thursday. Analysts, on average, forecast 122.53 billion rupees. Sales rose to 634.37 billion rupees.
