TCS reported June-quarter revenue of $7.6 billion, showing a modest year-on-year increase. The company added over nine thousand employees, marking significant workforce expansion. Consolidated net profit saw a sequential decline after a one-time legal charge. Operating margins decreased due to annual wage hikes, with a goal to return to twenty-five percent. TCS expects AI to evolve jobs rather than eliminate them, creating new roles.<\/p>","protected":false},"excerpt":{"rendered":"
TCS reported June-quarter revenue of $7.6 billion, showing a modest year-on-year increase. The company added over nine thousand employees, marking significant workforce expansion. Consolidated net profit saw a sequential decline after a one-time legal charge. Operating margins decreased due to annual wage hikes, with a goal to return to twenty-five percent. TCS expects AI to… Read More »TCS Q1 revenue rises 2.7%, company adds over 9,000 to workforce<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":120312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/120311"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=120311"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/120311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/120312"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=120311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=120311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=120311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}