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TCS posts slowest quarterly growth in three years as demand stays muted

TCS posts slowest quarterly growth in three years as demand stays muted

·Excerpt
TCS posts slowest quarterly growth in three years as demand stays muted
Image: TCS reported 0.2% sequential revenue growth in the July–September quarter.(Bloomberg)

Tata Consultancy Services Ltd (TCS) beat analyst estimates in the September quarter but posted its slowest second-quarter growth in three years, and management said client demand has yet to improve.India's largest tech services firm reported revenue of $7.64 billion for the July-September 2026 quarter, up 0.2% sequentially and 2.36% from a year earlier. The compares with a revenue forecast of $7.55 billion in a Bloomberg poll of 34 analysts.Banks and financial institutions, which account for a third of revenue, drove…

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