Tata Consultancy Services Ltd

TCS: XNSE (IND)

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Tata Consultancy Services Earnings: Uncertain Macro Environment Weighs on Results; Lowering FVE

Eric Compton , Luke Yang

Jul 10, 2025

Tata Consultancy Services' first-quarter revenue declined 3% in constant currency to INR 634 billion, marking its first year-over-year revenue decline in over five years. Operating margin held up relatively well at 24.5%, despite an unfavorable macroeconomic environment.

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Tata Consultancy Services Ltd

Tata Consultancy Services Earnings: Uncertain Macro Environment Weighs on Results; Lowering FVE

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