TCS beats analyst estimates but reports slowest full-year revenue growth in four years

Bengaluru: The earnings season for the technology industry began on a grim note, with India’s IT bellwether seeing quarterly revenue slip sequentially for the second successive quarter on account of a key India deal nearing completion. This resulted in slowest full-year revenue growth for Tata Consultancy Services (TCS) in four years despite beating analyst expectations.

TCS delivered FY25 revenues of $30.2 billion, beating a Bloomberg poll of 47 analysts, which predicted $29.6 billion revenue for the fiscal.