TCS Q1 Results Live Updates: Revenue growth, deal wins, margin outlook in focus
Published on 10/07/2025 10:29 AM
There is a currency tailwind of 200 bps expected, which is why the US Dollar revenue is seen up 0.6% but constant currency revenue growth is seen 1.4% lower, driven by the sharp depreciation of the USD compared to major global currencies such as the British Pound, the Euro, and the Japanese Yen.
TCS is likely to report a decline of 1.4% in revenue in constant currency terms on a sequential basis, according to the CNBC-TV18 poll.
For financial year 2025, the constant currency revenue growth stood at 4.2%, compared to 3.4% in financial year 2024.
As per the CNBC-TV18 poll, the company’s US Dollar revenue and net profit are both likely to see little change compared to the December quarter.
Margins are also likely to remain stable around the previous quarter levels. On a constant currency basis, TCS’ revenue is likely to decline 1.4% from the December quarter.
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