IT services major TCS profit dips 1.6% as a result of US administration’s tariff flip-flop

The US administration’s tariff flip-flop and the resulting economic uncertainties have weighed on the decisions of the clients of IT services major Tata Consultancy Services (TCS).

The company on Thursday reported a consolidated net profit of ₹12,224 crore for the fourth quarter ended March 31 (Q4FY25), down 1.68 per cent from ₹12,434 crore in the corresponding previous quarter.