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India's TCS misses first-quarter revenue view

ReutersJul 10, 2025 10:31 AM

- India's Tata Consultancy Services TCS.NS reported lower-than-expected first-quarter revenue on Thursday as clients remained cautious about discretionary spending amid tariff-related uncertainty.

Consolidated sales at India's largest IT services firm by revenue rose 1.3% year-on-year to 634.37 billion rupees ($7.40 billion) in the June quarter.

Analysts, on average, expected 646.66 billion rupees, as per data compiled by LSEG.

($1 = 85.6690 Indian rupees)

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