Earnings before interest tax depreciation and amortisation (Ebitda) was up 6.4% year-on-year to Rs 1,299 crore in Q1.

The broader Street responded positively to the upbeat tone on ER&D recovery. Peer stocks, such as L&T Technology Services and KPIT Technologies, gained 1–2% in trade on Friday, driven by optimism ...

While topline growth was muted, profits came in above expectations, and TCS remains optimistic about a stronger FY26.