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HinduBusinessLine

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TCS eyes new geographies, verticals to offset demand slump

  • TCS reported a 6% rise in net profit in the first quarter of FY26 but a 3.1% decline in revenue due to subdued discretionary spending and global uncertainties.
  • TCS chief is focusing on a multi-pronged strategy, targeting quick wins and smaller deals in the short term and considering expansion into new markets in the long term to sustain growth.
  • Efforts include going after opportunities with quicker return on investment, expanding services offered, exploring Southern Europe, Korea, ASEAN countries, and new verticals like sports.
  • The CEO believes FY26 will be better than the previous year in terms of international revenue if even a 1-2% growth can be achieved in the coming quarters.

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