TCS Q1 revenue missed forecasts as client caution, macro uncertainty, and slowing deals weighed on growth expectations.

• Revenue rose 1.3% YoY to ₹634.37B, below the analyst estimate of ₹646.66B due to cautious discretionary IT spending.
• Net profit rose 6% to ₹127.60B, beating expectations; order bookings fell to $9.4B from $12.2B last quarter.
• U.S. tariff fears, BSNL deal tapering, and global uncertainties impacted client confidence and the overall demand outlook.