The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.

Tata Consultancy Services (TCS), Infosys and HCLTech — have reported significant one-time charges linked to the ...

TCS Q3 performance: a combination of lower-than-expected Q3 earnings, the financial impact of new labour codes, and a ...

Major Indian IT companies, including Infosys, TCS, and HCLTech, reported significant financial impacts in Q3 due to India's ...

Motilal Oswal Financial Services said the Labour Code provisions led to a charge of Rs 1,800 crore towards gratuity and Rs ...

TCS posted a 13.9% year-on-year decline in its consolidated net profit (attributable to shareholders) to ₹10,657 crore.

The comes as the IT major reported a 14% YoY fall in consolidated net profit to Rs 10,657 crore for the October-December ...

Tata Consultancy Services (TCS) reports a 13.91% decline in Q3 net profit to ₹10,657 crore due to the impact of new labour ...

Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 ...

TCS reported a 13.91% drop in Q4 profit due to new labor codes, despite a 4.86% increase in revenue. The company saw a ...

India’s IT bellwether Tata Consultancy Services (TCS) reported 13.91% decline in its Q3FY26 net profit at Rs 10,657 crore.