Tata Consultancy Services (TCS) is expected to report modest profit growth for the June quarter, with revenue momentum likely to remain weak as India’s largest IT services company faces pressure from cautious client spending, wage hikes and rising expectations around AI-led cost savings.
TCS is likely to report 13% year-on-year revenue growth and 4% year-on-year profit growth for Q1FY27, based on an average of estimates from six brokerages. Sequential growth, however, is expected to be almost flat, showing that demand recovery is still weak for large-cap IT companies.
