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TCS Reports Q1 Revenue and Profit Growth, Adds Over 9,000 Employees
Tata Consultancy Services (TCS) announced an 8.5% rise in net profit for the first quarter of fiscal year 2027, with revenue increasing by 2.7%. The company also expanded its workforce by over 9,000 employees during this period.
9 Jul, 13:46 — 9 Jul, 23:46
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Times of India
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Times of IndiaMostly Factual30d ago
TCS Q1 revenue rises 2.7%, company adds over 9,000 to workforce
TCS reported June-quarter revenue of $7.6 billion, showing a modest year-on-year increase. The company added over nine thousand employees, marking significant workforce expansion. Consolidated net profit saw a sequential decline after a one-time legal charge. Operating margins decreased due to annual wage hikes, with a goal to return to twenty-five percent. TCS expects AI to evolve jobs rather than eliminate them, creating new roles.
By TNN
Read full article →indian-expressMostly Factual31d ago
TCS reports 8.5% rise in net profit for Q1FY27
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First report: indian-express · 9 Jul, 13:46|Full coverage: 2 · 10h|Window: 10h
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