TCS Q1 Preview: Wage Hikes to Squeeze Margins 150–200 bps; Revenue Growth Stays Muted

Full-quarter wage-hike impact and cautious discretionary spend make Q1 TCS's seasonally weakest margin quarter; BFSI, Retail, Hi-Tech under pressure while deal TCV and management guidance on recovery hold key.

ndtv-profit-business · 7/9/2026, 1:02:31 PM · Ask about this →