India drives TCS growth buzz

Tata Consultancy Services (TCS) reported a 5% increase in net profit for the second quarter, driven by a large deal with BSNL. Despite cautious spending from clients in key markets, TCS saw signs of improvement in financial services in North America. CEO Krithivasan expressed optimism about the future, suggesting that the second quarter of FY25 could be better as macroeconomic uncertainty eases.