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TCS Faces Profit Decline Amid New Labour Codes Impact

TCS Faces Profit Decline Amid New Labour Codes Impact

TCS reported a 13.91% decline in net profit for the December quarter due to a one-time impact from new labour codes. Despite challenges, the company's revenues showed a 4.86% increase, and operating margins remained stable. The headcount decreased, and new deal wins totaled USD 9.3 billion.

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