TCS Q1FY26 sees 1.44% share drop, 1.6% revenue decline

Business Jul 14, 2025

TCS saw its revenue dip by 1.6% this quarter to ₹63,430 crore—missing estimates mostly due to lower international numbers and a slowdown in the BSNL contract.
Still, profits actually went up 4.4% to ₹12,760 crore, mainly thanks to interest income from tax refunds.

$9.4 billion in new deals this quarter

Even with the revenue drop, TCS landed $9.4 billion in new deals (a bit less than last quarter but still solid).
The banking and finance sector led with $2.5 billion in deals, and North America brought in $4.4 billion.
TCS also added over 5,000 employees this quarter—now at more than 6.13 lakh—even as attrition ticked up to 13.8%.
Management says they're optimistic for the year ahead, especially with more focus on AI skills and digital services.