TCS vs HCLTech: From guidance to growth, 6 must-know takeaways from Q1FY26 earnings

India’s top IT services firms, Tata Consultancy Services (TCS) and HCLTech, posted their Q1FY26 earnings recently, reflecting contrasting performance across key metrics. While TCS continued to maintain its profit and margin edge, HCL Tech showed stronger revenue growth but saw pressure on profitability.

Here’s a quick comparison across five key areas as other major IT firms like Wipro and Infosys are scheduled to announce their results on July 17 and July 23 respectively.