Even as revenue growth showed a gradual recovery for two of the country’s large information technology companies in the October-December quarter, one-off provisions linked to the new labour code ...
The IT firm reported a one-time statutory impact of Rs 2,128 crore as a result of the new labour code. The impact primarily stemmed from changes in the definition of wages under the new framework, ...
TCS had announced to lay off around 12,000 people earlier in the year as part of a restructuring exercise. It reported a reduction of 19,755 in the overall staff in September quarter, but hinted that ...
BENGALURU: India’s top IT services firms kicked off the earnings season of the October-December quarter on a stronger-than-expected note, even as new wage norms pushed up costs and raised concerns ...
Tata Consultancy Services Ltd (TCS) for the third quarter ended December 31, 2025, reported 14% drop in net profit to ₹10,720 crore from ₹12,444 crore a year ago due to impact of new labour codes ...
The country’s largest IT services company TCS on Monday reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore, hit by one-time impact of the implementation of new labour ...
India’s new labour codes eroded the profits of India’s five largest information technology (IT) services companies in the December quarter as they recorded ₹4,645 crore ($500 million) in upfront costs ...
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TCS Q3 results live updates: Profit miss, bumper dividend, one-time labour code impact, attrition rises
“The growth momentum we witnessed in Q2FY26 continued in Q3FY26. We remain steadfast in our ambition to become the world’s largest AI-led technology services company, guided by a comprehensive ...
TECSYS, Inc. engages in the development and marketing of enterprise wide distribution software and related services. Its supply chain execution applications include warehouse-centric, warehouse, ...
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