Tata Consultancy Services532540IT services
TCS reported Q1 results broadly in line with expectations, with core business growth and hiring boosting the stock and the IT sector
- International business revenue growth QoQ
- 1.2 percent
- AI share of revenue
- 10 percent
- Freshers hired Q1
- 14,000 freshers
- Freshers planned Q2
- 10,000 freshers
Heard on business television between 16:10:49 - 16:13:49 IST.
- TCS's international business revenue grew 1.2% quarter-on-quarter, which the street liked as core business performance.
- AI is about 10% of TCS's revenues and is attracting higher gross margins than the company average, with clients shifting to human-plus-AI models in BFSI, manufacturing and healthcare.
- TCS hired 14,000 freshers in Q1 and plans 10,000 more in Q2, seen as a signal of improving demand visibility.
- Margins were a miss but markets looked past it as the company said it is prioritizing growth investments over margin expansion.
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Source: Live TV News Channel · 9 Oct 2026
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