TCS Q1 Performance Below Par

The broader market sentiment weakened following TCS's underwhelming Q1FY26 performance, particularly on the revenue front. The company's shares declined by 2.5% to Rs 3,297 after announcing results. Despite reporting a net profit increase of 6% year-on-year to Rs 12,760 crore, which marginally exceeded expectations, the company registered a 3.1% year-on-year decrease in constant currency revenue.