Tariff turmoil just a blip; analysts gung-ho on TCS

Estimates by the Tata Consultancy Services (TCS) leadership that FY26 revenues will exceed those of the financial year gone by – and without margin erosion – are prompting several analysts tracking the outsourcing bellwether to conclude the current tariffs-triggered turmoil will be short lived, causing only minimal damage to India’s biggest forex earner.