Impact of U.S. Tariff Uncertainties

's CEO, K Krithivasan, highlighted that clients in the retail, travel, and automobile sectors are particularly vulnerable to the ongoing U.S. tariff uncertainties. Prolonged instability may lead these clients to implement cost-cutting measures, potentially affecting TCS's revenue from these sectors. Conversely, the banking and financial services sector, which constitutes nearly a third of TCS's revenue, remains largely unaffected. Krithivasan expressed optimism, anticipating that the current uncertainties will be short-lived and that fiscal year 2026 will see improved performance as clients continue to modernize their legacy systems.