<ul data-eligibleForWebStory="false"><li>TCS experienced a decrease in the number of customers generating over $100 million in revenue, dropping from 64 in Q1FY25 to 62 in Q1FY26, a decline of 1 on a yearly basis.</li><li>However, TCS observed growth in the number of customers contributing in the $1 million, $5 million, and $10 million revenue segments, with a decline in the $50 million band from 140 in Q1FY25 to 131 in Q1FY26.</li><li>TCS MD and CEO mentioned an increase in customers with revenues over $1 million to 1,336, signaling a rise of 26 from the previous year.</li><li>The industry is showing a trend towards cost optimization and smaller projects, attributed to global economic uncertainties impacting large transformation projects.</li></ul>

TCS sees decline in number of customers contributing over $100 million revenue

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