<ul data-eligibleForWebStory="false"><li>Tata Consultancy Services Ltd. reported a decline in sales in the first quarter through June, marking an annual decline of just over 3% in constant currency due to geopolitical uncertainties and cautious clients on technology spending.</li><li>TCS' revenue growth is at its lowest since the beginning of fiscal 2021, with the company's CEO stating that the resumption of growth depends on more clarity in the macroeconomic scenario.</li><li>While global trade uncertainties have caused clients to pause or delay projects, TCS' new-age services in AI, cybersecurity, and cloud computing have performed well.</li><li>Despite the sales decline, TCS' net income rose by 6% compared to the same period last year, with analysts forecasting a lower value.</li></ul>

TCS Q1 Results: Tata Consultancy Sales Drag As Cautious Clients Hold Back Tech Spends

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