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Strong order book reinforces confidence in TCS’s long-term resilience

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2 months ago

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TCS Crosses $30 Billion Revenue Milestone, Strong Order Book Reinforces Confidence in Long-Term Resilience

Highlights

  •  FY 25 Revenue $30.18 Bn, Growth +3.8% YoY, + 4.2% in CC
  • Growth led by strong double-digit growth in Regional Markets: + 37.2% YoY
  • Growth led by Energy, Resources and Utilities (+5.1%), Manufacturing (+2.9%) among Industry Verticals
  • IOT/DE, Enterprise Solutions and AI.Cloud led the growth among Service Lines; Seeing strong and increasing traction in AI-adoption
  • Operating Margin at 24.3%; Net Margin at 19.0%
  • Strong TCV performance at $39.4 billion for FY25 and at $12.2 billion for Q4
  • All Major Markets Grew Sequentially

Press release

MUMBAI, April 10, 2025: Tata Consultancy Services (BSE: 532540, NSE: TCS) reported its consolidated financial results according to Ind AS and IFRS, for the quarter and full year ending March 31, 2025.
FY 2024-25: Annual Highlights Q4 FY 2025: Quarterly Highlights
Client metrics:64 clients in the $100 Mn+ band (+2 YoY)Employee Metrics:Employee Headcount: 607,979152 nationalities; 35.2% womenIT Services Attrition (LTM): 13.3%Talent Development:56 million Learning Hours5.2 million Competencies AcquiredFree Cash Flow: $5.49 BnShareholder payout of $5.26 Bn in the form of dividends Revenue at $7.47 Bn, +1.4% YoY (CC: 2.5%)Growth led by Regional Markets (+22.5%), ERU (4.6%), and BFSI (+2.5%) YoYOperating Margin: 24.2%Net Margin: 19.0%Strong Cash conversion: Operating Cash Flow 125.1% of Net IncomeRecord Q4 TCV at $12.2 billion, Book-to-bill ratio of 1.6Final Dividend (proposed): ₹30 per share, to be approved at the Annual General Meeting
K Krithivasan, Chief Executive Officer and Managing Director, said “We are pleased to cross the $30 Billion in annual revenues and achieve a strong order book for the second consecutive quarter. Our expertise in AI and Digital Innovation, coupled with the unmatched knowledge of customer context and global scale makes us the pillar of support for our customers in this environment of macroeconomic uncertainty. We remain committed to staying close to our customers and helping them achieve their core priorities.” Samir Seksaria, Chief Financial Officer, said “In FY25, our disciplined execution and operational rigor stood out again, as we defended our industry-leading margins while continuing with our investments in talent and capability building. We delivered robust profitability and cash flows this quarter in a very challenging environment without compromising on the right investments in our people, innovation and infrastructure for long-term value creation.” Milind Lakkad, Chief HR Officer, said “Our trainee onboarding in FY25 was 42,000 as planned. We won the Enterprise-Wide Top Employer Certification from the Top Employers Institute. This milestone builds on TCS’s achievements as a Global Top Employer for 2025, marking an unbroken record of receiving this distinction over a decade. We continue to enjoy the pride of place as the employer of choice, and the industry-best retention rate by prioritizing a culture of professional and personal growth, wellbeing, and purpose-driven engagement for our associates.”

Q4 and Full Year Segment Highlights

Growth by Domain

Industry Composition (%) Y-o-Y CC Growth (%) Composition (%) Y-o-Y CC Growth (%)
Q4 FY24 Q4 FY25 FY 2024 FY 2025
BFSI 31.3 31.2 2.5 32.0 30.9 0.7
Consumer Business 15.7 15.3 -0.2 15.8 15.3 0.3
Life Sciences & Healthcare 10.9 10.1 -5.6 10.9 10.4 -1.6
Manufacturing 8.8 8.4 -2.9 8.6 8.5 2.9
Technology & Services 8.2 8.1 1.1 8.5 8.1 -1.3
Communication & Media 6.6 5.8 -9.8 6.8 5.9 -9.5
Energy, Resources and Utilities 5.6 5.7 4.6 5.6 5.7 5.1
Regional Markets & Others 12.9 15.4 22.5 11.8 15.2 37.2
Total 100.0 100.0 2.5 100.0 100.0 4.2

Growth by Markets

Geography Q4 FY24 (%) Q4 FY25 (%) Y-o-YCC Growth (%) FY 2024 (%) FY 2025 (%) Y-o-YCC Growth (%)
Americas
North America 50.0 48.2 -1.9 51.1 48.2 -1.8
Latin America 2.0 1.8 4.3 2.0 1.9 6.0
Europe
UK 16.8 16.8 1.2 16.5 16.8 4.0
Continental Europe 14.6 14.3 1.4 14.9 14.3 0.7
Asia Pacific 7.8 8.1 6.4 7.8 8.0 6.8
India 6.7 8.4 33.0 5.6 8.6 62.6
MEA 2.1 2.4 13.2 2.1 2.2 11.2
Total 100.0 100.0 2.5 100.0 100.0 4.2
Services Clients prioritized initiatives that delivered cost optimization, business agility, and improved security and compliance posture. The growth for the quarter was led by IoT & DE, Enterprise Solutions and AI.Cloud. Win themes across key deals involved Vendor Consolidation, Technology modernization, CX transformation, Data for AI and AI for IT. TCS won NVIDIA Rising Star Partner of the Year Award for AI Innovation and Excellence. AI.Cloud: Clients continued to scale up their investments in AI and GenAI. We gained significant traction for our GenAI and Agentic AI services and solutions across industries and markets. For example, A large utility company in North America chose TCS to build and train AI models using data from LiDAR, satellite imagery, weather patterns, vegetation characteristics and wide-fire incidents. This will then be used to improve pre-trim inspections, trim prescriptions, budgeting, forecasting, and early risk prediction, helping utilities and communities manage vegetation and reduce hazard. Our AI for Business engagements continues to show significant growth quarter on quarter. For example, for a leading global OTT and big tech firm, we built a GenAI based movie script analyzer, that generates insights based on viewership data, movie scripts/content and enables our client to deliver a personalized, safe, authentic and engaging viewing experience. During FY25, we made great strides in reimagining Software Engineering through AI. Over a third of our client engagements use AI/GenAI for accelerated project outcomes and high quality. For a global financial services major, we are using a combination of GenAI and TCS MastercraftTM to migrate over 50 million lines of COBOL code to Java. We also enhanced our WisdomNextTM2.0 platform with agentic capabilities. It now offers faster onboarding, centralized governance, enhanced security guardrails, and a wide spectrum of pluggable industry solutions to accelerate innovation. Cloud services continued to see good traction in Legacy Modernization, Data Platform Modernization and Technology Landscape Simplification. Cyber Security: This quarter, we continued to see good traction for Cybersecurity services. Our clients focused on Managed Detection & Response (MDR), Identity and Access Management and Governance, Risk & Compliance (GRC). We had good traction in Network Security, Cloud Security and GenAI for Cybersecurity. Amongst industries Life sciences, healthcare, communications and media led growth. TCS Interactive: Market demand for Digital Interactive Services has seen good growth this quarter. Marketing optimization is being driven through adoption of AI while underlying need for improving CX, and Data readiness continues to present us with new opportunities. We are positioning ourselves with broad theme of “Creative Engineering powered by AI”. Our continued focus on creating demand by connecting with new stakeholders within existing accounts has resulted in faster growth of our Top of the funnel. IoT & Digital Engineering: IoT and DE saw very good growth this quarter. Clients continue to invest in Smart Manufacturing, Connected IoT Services, Energy management and Digital Thread. We see significant market demand for cost optimization efforts across Engineering and Manufacturing. Among industry groups, Utilities, Energy and Technology Software & Services saw greater traction. Growth in markets was led by North America, UK and Latin America. Enterprise Solutions: Overall, we saw good growth this quarter. Growth was led by Technology, Services and BFSI industries. As AI/GenAI revolutionizes industries, processes such as finance, procurement, supply chain, and customer support are being redefined for business growth. Our strategy to leverage TCS CrystallusTM and deep industry insights to accelerate digital transformation and sustainability, is finding great resonance amongst clients. We are enhancing CrystallusTM with AI/GenAI. We are also building advanced productivity solutions for ERP and Low Code No Code migrations. Cognitive Business Operations: This quarter we saw a good number of deals in Business Process services led by F&A, HR and CX practices. Key demand themes were AI driven transformation, operating model transformation, and first-time outsourcing. We are investing in building an Agentic AI farm with over 150 agents across F&A, Supply Chain, Sourcing & Procurement, HR and CX, to enable customers in their journey towards “Autonomous GBS”.

Key Highlights

  • Announced strategic partnership with Google Cloud to enhance its AI and GenAI offerings for customers in the communication, media, and information services industry. This partnership is aimed at accelerating AI adoption for telecommunication enterprises by combining TCS’ deep domain expertise with Google Cloud’s robust platform.
  • Signed an agreement to modernize the depository system of Muscat Clearing and Depository (MCD), Oman’s central securities depository. TCS will implement TCS BaNCSTM for Market Infrastructure and QuartzTM to future-proof MCD’s operations.
  • Partnered with The Cumberland Building Society in the UK to modernize its core banking ecosystem. Through this collaboration, TCS will deploy its state-of-the-art digital banking solution, TCS BaNCSTM for Core Banking, along with TCS Digital Home Lending Solution, and Quartz for Compliance, to drive innovation and operational efficiency.
  • Signed an agreement to drive end-to-end IT transformation of UPM, a global company with a business portfolio of decarbonization solutions, advanced materials, renewable fibres, and communication papers, based on sustainable, renewable feedstock. The digital transformation will help drive growth for UPM, enhance user experience, and boost adoption of an AI-first operating model. TCS will deploy its AI-powered autonomous enterprise platform ignioTM. The platform will improve operational efficiency, enable continuous improvement, and increase IT system readiness and reliability.
  • Announced collaborative engagement​ with MassRobotics, the largest independent robotics hub in the world dedicated to advancing robotics and connected devices. Through this collaboration, ​TCS aims to support their mission to foster robotics innovation by engaging with startups, researchers, and industry leaders exploring applications focused on various sectors.
  • Extended partnership with DNB Bank ASA and will continue as latter’s strategic partner and support the digital modernization journey while enhancing cost efficiency targets. In addition, TCS will deploy next-generation technology for DNB’s modernization initiatives by maintaining and developing new applications, strengthening security capabilities, and providing insights on next-generation technologies, including AI and quantum computing.
  • Signed a five-year partnership with Air New Zealand to modernize the airline’s digital infrastructure and position it at the forefront of AI-driven innovation. This collaboration aims to enhance Air New Zealand’s digital capabilities, improve customer experience, and drive operational efficiencies across various aspects of its business, including fleet management, crew scheduling, and ground services.
  • Partnered with Vantage Towers, Europe’s second-largest telecom tower operator with a network of 86,000 sites, to launch a digital service platform aimed at transforming the experience of property owners that lease land for telecom tower installations. The partnership aims to streamline service processes for property owners, enhance retention, and strengthen telecom site partnerships for Vantage Towers across Europe. TCS will also deploy TCS CrystallusTM for Telecom, an industry-specific offering designed to accelerate digital transformation.
  • Expanded deal with Northern Trust, a global financial institution, to centralize and standardize its custody operations across 99 direct and global markets by deploying its comprehensive TCS BaNCSTM Global Securities Platform.
  • Expanded strategic partnership with a leading German automotive financial services company to modernise and optimise the latter’s platform operations. As part of the multi-year deal, TCS will help drive operational resilience with the power of cloud, while tapping into its proven automation and AI solutions to improve scalability and efficiency. This nimble and digital-first approach will empower the financial services’ IT function to enable business achieve faster time to market and accelerate growth.
  • Selected by a leading US payment services firm as a strategic partner to integrate and build synergies within its print and remittance services. As part of the engagement, TCS will help the client transform the legacy environment, reduce PCI vulnerability, improve infrastructure availability, while ensuring enhanced operational efficiency and lower cost. With its proven MFDM approach, increased automation and CMDB enhancement, TCS will enable the financial institution to take its IT operations into the future. TCS’ contextual knowledge and AI expertise will be the key drivers of this transformation journey, as the client looks to automate business operations with the power of GenAI.
  • Selected by Avianca, one of Latin America’s leading airlines, TCS will continue supporting the digital transformation process that began seven years ago. Through this new agreement, TCS will provide cloud-based, data-driven, and AI-based services, consolidating its role as a key partner in the airline’s modernization process across various business areas.
  • TCS and Olympus have extended their strategic partnership for another five years to deliver IT application services across the U.S. and EMEA regions, along with IT infrastructure services in EMEA. As part of this renewed collaboration, TCS will accelerate the adoption of automation and AI in run operations to enhance efficiency, resilience, and build an AI-first, future-ready digital core. This initiative reflects the shared commitment of both organizations to continuous innovation and transformation, while reinforcing business value across the full spectrum of TCS’ managed services.
  • Selected by a large US based consumer finance company focused on vehicle finance to future-proof the IT function and build a resilient framework through vendor consolidation and application simplification. As part of this multi-year partnership, TCS will provide Database Administration services (DBA), application support, data and analytics services by leveraging its Application Resource Management (ARM), Application Management Services (AMS) and its proprietary solution including ignioTM AIOps from the Digitate suite of offerings. TCS will also provide project management services to drive digital transformation and business agility for the financial services company.
  • A leading multinational QSR chain has selected TCS as the strategic partner for transforming and managing its IT landscape and operations. TCS will manage and modernize the application & infrastructure portfolio and implement a product-based operating model for providing service desk and cybersecurity services across the enterprise.  Leveraging TCS’ CognixTM and ignioTM, the program will focus on technology renovation and automation, enhancing store productivity, and optimizing operations. This will enhance business agility, improve operational efficiency, unlock the potential of technology to enable growth across channels and markets.
  • A leading innovative manufacturing company has selected TCS as the S/4 HANA rollout partner for their plants in the Americas and APAC region. TCS will leverage its industrialized rollout approach to deploy the global S/4HANA template to over 25 Factories globally. As a part of this project. TCS will set up the Digital Core with simplified and harmonized business processes across functions such as Finance, Sales, Procurement, Operational planning, Production Logistics, Manufacturing Execution, Logistics, Quality Management, Export Control, and Production services.
  • A large North American convenience retailer has selected TCS’ AI powered Clever EnergyTM to accelerate their net zero journey. TCS will implement the award-winning enterprise-level energy and emission management system leveraging IoT, edge, and AI-based analytics to achieve energy efficiency across stores. TCS will also set up a command centre, to analyse the data from stores, recommend Energy Conservations Measures (ECM), track the implementation and report the associated energy savings delivered.

Customer Speak

“TCS is experienced in deploying mission-critical solutions across the globe, with several implementations in Middle Eastern as well as global markets. We are pleased to collaborate and enter a longstanding partnership with TCS in this modernization initiative for Oman’s capital market infrastructure. MCD aims to enhance market functionality, introduce advanced features for participants, and facilitate the expansion of our capital markets by leveraging TCS’ expertise.” Mohammed Al Abri, CEO, Muscat Clearing & Depository “At UPM, we are striving to build a human centric yet business-oriented IT infrastructure. Through this partnership, we are seeking to provide effortless information technology that is cost-effective and scalable, utilizes the most recent AI and automation solutions and offers value-based delivery, and end-to-end accountability. We have been impressed by the wide industry and technology expertise that the TCS team has demonstrated and are looking forward to seeing how this collaboration will help us reach our ambitious targets.” Turkka Keskinen, Chief Information Officer at UPM “We are very pleased with the decision to continue our partnership with TCS for an additional five years. We already have a long-standing and proven relationship where TCS has helped enable some of our biggest transformations and innovations over the past twelve years. We look forward to seeing what we can achieve together in the future.” Elin Sandnes, Group EVP of Technology & Services, DNB “Long-term relationships with our landlords are a win-win-situation for both sides and, in addition, the foundation for a successful network expansion and digitalization in Europe. This joint project underscores our commitment to operational excellence and reinforces our promise of stable partnerships based on high-quality service experience and transparency.” Tobias Steinig, Chief Digital Officer at Vantage Towers  “As liquidity demands continue to drive shortened settlement cycles, it’s critical for market participants to have resilient interoperable solutions that seamlessly integrate with corporate action and income processing. Our partnership with TCS BaNCSTM strengthens our ability to support clients in navigating these evolving market dynamics, ensuring efficiency, accuracy and risk mitigation throughout the trade settlement lifecycle.” Jennifer Driscoll, Head of Market Operations at Northern Trust “We are building the Coop of the future and using the latest technology to offer a shopping experience customers will keep coming back for. To realize our vision, our digital transformation must continue. We are delighted to extend our strategic partnership with TCS to accelerate our journey, innovate, and create value for our two million members.” Lars Ole Dybdal, Chief Technology Officer, Coop Danmark “Leveraging TCS’ expertise in cutting-edge technologies will help us enhance the customer experience, streamline operations, and reinforce our commitment to cybersecurity and data protection. This collaboration aligns with our vision to be a digitally enabled airline of the future. We began working with TCS in September 2024 and in just a few short months, we’ve seen the benefits of tapping into the depth and breadth of talent and expertise they have when it comes to digital solutions. Going forward, TCS will be an instrumental partner in helping us deliver our Cargo Digital Transformation and improvements to our Digital Retail capability. We’re excited about the benefits this partnership will bring for our customers and the aviation industry.” Greg Foran, Chief Executive Officer, Air New Zealand

“This partnership is about more than technology—it’s about aligning with a company that shares our values and commitment to customers, colleagues, and communities. For 175 years, our customers have been at the heart of everything we do. Ultimately, this transformation ensures we remain a strong and sustainable Society for the next 175 years. Our colleagues are excited to be working with TCS to provide a resilient modern banking solution for the benefit of our customers.” Des Moore, Chief Executive at The Cumberland

Research and Innovation

As on March 31, 2025, the company applied for 8,816 patents, including 267 applied during the quarter, and has been granted 4,820 patents including 235 granted during the quarter.

Human Resources

TCS’ workforce stood at 607,979 as on March 31st. The employee base has 35.2% women and with 152 nationalities. Year till date, TCSers have clocked 56 million learning hours, and acquired 5.2 million competencies. IT services’ attrition was at 13.3% for the last twelve months.

Awards and Recognition

  • TCS ranked #2 global IT services brand by Brand Finance 2025 rankings with a brand valuation of $21.3 billion
  • FORTUNE Magazine lists TCS amongst World’s Most Admired Companies for 2025
  • TCS ranked #2 in market share by Pierre Audoin Consultants (PAC) in their list of Top 10 IT Services Worldwide
  • TCS named Global Top Employer for 2025 and achieved a new milestone by earning Enterprise-Wide Top Employer Certification from the Top Employers Institute
    • TCS recognized as Top Employer 2025 by the Top Employers Institute in Europe
    • TCS recognized as Top Employer 2025 by the Top Employer Institute in North America and Canada
    • TCS recognized as Top Employer 2025 by the Top Employer Institute in Singapore and Philippines
  • TCS is recognized by Forbes as a leading management consulting firm in America
  • TCS received the Finance Transformation Impact Award and Service Provider of the Year Award at the SSON Impact Awards — North America 2025
  • TCS Ranked Europe’s #1 IT Services Provider for Customer Satisfaction by Whitelane Research.
  • Recognized as the NVIDIA Rising Star Partner of the Year Award at GTC 2025 for AI Innovation and Excellence
  • TCS IoT & Digital Engineering received IoT Breakthrough Award for its implementation of Rental Telematics 4.0
  • TCS recognized with Microsoft Advanced Security Specialization in ‘Cloud Security’
  • TCS Malaysia recognized at 17th Annual Global CSR & ESG Awards 2025
  • TCS received the ‘Liferay Partner of the Year – 2024 for the APAC region’, recognizing top-tier service, increase in revenue, and expansion of customer base

Industry Analyst Assessments

TCS was ranked a Leader in 25 competitive assessments published by leading research firms in Q4 FY25. In 4 of these, marked with an asterisk in the table below, TCS was positioned the foremost leader or ranked #1.
Analyst Firm Firm Wise Report Type Report Title
Everest PEAK Matrix Life and Annuities (L&A) Insurance BPS and Third-Party Administrator (TPA) PEAK Matrix® Assessment 2025*
Everest PEAK Matrix Custom Application Development Services PEAK Matrix® Assessment 2025*
NelsonHall NEAT Cognitive & Self-Healing IT Infrastructure Management 2025*
Gartner Magic Quadrant Magic Quadrant for Outsourced Digital Workplace Services*
PAC Ranking Report Software & IT Services – Vendor Rankings Calendar Year 2024 – Worldwide
Avasant RADAR High-Tech Industry Digital Services 2024-2025 RadarViewTM
Everest PEAK Matrix Supply Chain Transformation Services for Retail and CPG PEAK Matrix® Assessment 2025
Avasant RADAR Life Sciences Digital Services 2025 RadarViewTM
NelsonHall NEAT Core Banking Services 2025
NelsonHall NEAT P&C Operations: Analytics & AI 2025
Everest PEAK Matrix Sustainable Engineering Services PEAK Matrix® Assessment 2025
Everest PEAK Matrix Sustainable IT Services PEAK Matrix® Assessment 2025
HFS HFS Horizons HFS Horizons: Generative Enterprise Services, 2025
Forrester Wave Report The Forrester WaveTM: Application Modernization And Multicloud Managed Services, Q1 2025
PAC RADAR Google Cloud Platform (GCP) IT Ecosystem in Europe 2025
IDC MarketScape EMEA Industry Cloud Professional Services 2024–2025 Vendor Assessment
IDC MarketScape Worldwide Industrial IoT Engineering and Managed Services Vendor Assessment
IDC MarketScape Worldwide Industrial IoT Consulting and Integration Services 2025 Vendor Assessment
Everest PEAK Matrix Industry 4.0 Services PEAK Matrix® Assessment 2025
IDC MarketScape Worldwide SAP Implementation Services 2025 Vendor Assessment
HFS HFS Horizons Salesforce Service Providers, 2025
Everest PEAK Matrix Application Management Services PEAK Matrix® Assessment 2025
Everest PEAK Matrix Managed Detection and Response (MDR) Services PEAK Matrix® Assessment 2025
Avasant RADAR Finance and Accounting Business Process Transformation 2024–2025 RadarViewTM
Gartner Magic Quadrant Magic Quadrant for Retail Core Banking Systems, Europe

IFRS Financial Statements

Consolidated Statements of Comprehensive Income For the year ended March 31, 2024, and March 31, 2025 (In millions of $, except per share data)
  Year ended March 31, 2024 Year ended March 31, 2025
Ex Adj* Reported
Revenue 29,080 29,080 30,179
Cost of revenue 17,335 17,335 18,438
Gross margin 11,745 11,745 11,741
SG & A expenses 4,587 4,702 4,393
Operating income 7,158 7,043 7,348
Other income (expense), net 451 441 374
Income before income taxes 7,609 7,484 7,722
Income taxes 1,963 1,919 1,954
Income after income taxes 5,646 5,565 5,768
Non-controlling interests 23 23 29
Net income 5,623 5,542 5,739
Earnings per share in $ 1.54 1.52 1.59
*Excludes settlement of legal claim Consolidated Statements of Comprehensive Income For the three-month periods ended March 31, 2024, and March 31, 2025 (In millions of $, except per share data)
  Three-month periods ended March 31, 2024 Three-month periods ended March 31, 2025
Revenue 7,363 7,465
Cost of revenue 4,334 4,570
Gross margin 3,029 2,895
SG & A expenses 1,115 1,088
Operating income 1,914 1,807
Other income (expense), net 113 93
Income before income taxes 2,027 1,900
Income taxes 523 475
Income after income taxes 1,504 1,425
Non-controlling interests 8 7
Net income 1,496 1,418
Earnings per share in $ 0.41 0.39
Consolidated Statements of Financial Position As of March 31, 2024, and March 31, 2025 (In millions of $)
  As of March 31,2024 As of March 31,2025
Assets
Property and equipment 1,346 1,514
Right-of-use Assets 946 1,086
Intangible assets and Goodwill 539 580
Accounts Receivable 5,343 5,880
Unbilled Revenues 1,834 1,811
Invested Funds 5,633 5,526
Other current assets 1,092 1,458
Other non-current assets 1,083 1,076
Total Assets 17,816 18,931
Liabilities and Shareholders’ Equity
Shareholders’ Funds 11,104 11,337
Current liabilities 5,529 6,202
Non-current liabilities 1,082 1,270
Non-controlling interests 101 122
Total Liabilities 17,816 18,931

ABOUT TATA CONSULTANCY SERVICES (TCS)

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service. Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce of over 607,000 consultants in 55 countries and 180 service delivery centres across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients – helping them emerge as perpetually adaptive enterprises. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to Artificial Intelligence today. TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment. T  
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Apple elevates the iPhone experience with iOS 26

Published

2 months ago

on

June 15, 2025

By

iOS 26 is a major update that brings a beautiful new design, intelligent experiences, and improvements to the apps users rely on every day.

The release delivers a stunning new design, powerful Apple Intelligence capabilities, new ways to stay connected in the Phone and Messages apps, and exciting updates to CarPlay, Apple Music, Maps, and Wallet

CUPERTINO, CALIFORNIA Apple today previewed iOS 26, a major update that brings a beautiful new design, intelligent experiences, and improvements to the apps users rely on every day. The new design provides a more expressive and delightful experience across the system while maintaining the instant familiarity of iOS. Integrated throughout the system and built with privacy from the ground up, Apple Intelligence gets even more capable. Updates to the Phone and Messages apps help users stay connected while eliminating distractions like unwanted calls. iOS 26 also introduces new features in CarPlay, Apple Music, Maps, and Wallet, as well as Apple Games, a brand-new app that gives players a single destination for all their games.
“iOS 26 shines with the gorgeous new design and meaningful improvements to the features users rely on every day, making iPhone even more helpful,” said Craig Federighi, Apple’s senior vice president of Software Engineering. “Experiences are more expressive and personal, from the Lock Screen and Home Screen, to new capabilities across Phone and Messages that help users focus on the connections that matter most. And with powerful new Apple Intelligence capabilities integrated across the system, users can get things done easier than ever.”

A Beautiful New Look

The new design makes apps and system experiences more expressive and delightful, while keeping iOS instantly familiar. It’s crafted with Liquid Glass — a new translucent material that reflects and refracts its surroundings, bringing greater focus to content, and delivering a new level of vitality across controls, navigation, app icons, widgets, and more. The new design extends to the Home Screen and Lock Screen, making them more personal and expressive than ever. Liquid Glass also brings new customization options to app icons and widgets, including a stunning clear look.
Three iPhone 16 Pro devices show the new design with Liquid Glass.
The new design extends to the Home Screen and Lock Screen, making them more personal and expressive than ever. Liquid Glass also brings new customization options to app icons and widgets, including a stunning clear look.
On the Lock Screen, the time fluidly adapts to the available space in an image, and spatial scenes bring wallpapers to life with a 3D effect when users move iPhone. Updated design elements also deliver fresh experiences in apps. A simplified, streamlined Camera layout helps users keep their attention on the moment they’re capturing, and the Photos app is updated to feature separate tabs for Library and Collections views. In Safari, web pages flow from the top edge to the bottom of the screen, enabling users to see more of the page while maintaining access to frequently used actions like refresh and search. In Apple Music, News, and Podcasts, the tab bar is redesigned to float above users’ content, dynamically shrink when users are browsing to put content front and center, and then expand when they scroll back up.
An updated set of APIs provides developers with access to Liquid Glass materials and components so they can make their apps appear just as dynamic and delightful.

New Capabilities Powered by Apple Intelligence

Apple Intelligence elevates the iPhone experience and helps users get things done easier than ever, while unlocking new ways to communicate and do more with what’s on their screen. Live Translation is integrated into Messages, FaceTime, and Phone to help users communicate across languages, translating text and audio on the fly.1 Live Translation is enabled by Apple-built models that run entirely on device, so users’ personal conversations stay personal.
Building on Apple Intelligence, visual intelligence extends to a user’s iPhone screen so they can search and take action on anything they’re viewing across apps. Users can ask ChatGPT questions about what they’re looking at onscreen to learn more, as well as search Google, Etsy, or other supported apps to find similar images and products. Visual intelligence also recognizes when a user is looking at an event and suggests adding it to their calendar, repopulating key details like date, time, and location.2
Building on Apple Intelligence, visual intelligence now extends to a user’s iPhone screen, making it easy to search and take action across apps with anything they’re viewing.
Genmoji and Image Playground provide users with even more ways to express themselves, including mixing their favorite emoji, Genmoji, and descriptions together to create something new.3
Genmoji and Image Playground provide users with even more opportunities for self-expression, including mixing their favorite emoji, Genmoji, and descriptions together to create brand-new images.
Shortcuts are now more powerful and intelligent than ever. Users can tap into intelligent actions, a whole new set of shortcuts enabled by Apple Intelligence, and will see dedicated actions for features like Writing Tools and Image Playground.
Apple Intelligence can now automatically identify and summarize order tracking details from emails sent from merchants and delivery carriers, giving users the ability to see their full order details and progress notifications all in one place — even for purchases not made with Apple Pay.
Additionally, a new Foundation Models framework opens up access for any app to tap directly into the on-device foundation model at the core of Apple Intelligence, giving developers direct access to powerful intelligence that’s fast, built with privacy at its core, and available offline, using AI inference that is free of cost.

Features for Staying Connected and Eliminating Interruptions

Fundamental to the iPhone experience, the Phone app now offers a unified layout that combines Favorites, Recents, and Voicemails all in one place. Call Screening builds on Live Voicemail and helps eliminate interruptions by gathering information from the caller and giving users the details they need to decide if they want to pick up or ignore the call.4 And for the times when a user is stuck on hold, Hold Assist notifies the user when a live agent is available.5
In Messages, users can now screen messages from unknown senders, giving them more control over who appears in their conversation list. Messages from unknown senders will appear in a dedicated folder where users can then mark the number as known, ask for more information, or delete. These messages will remain silenced until a user accepts them.
In Messages, users can now screen messages from unknown senders, giving them more control over who appears in their conversation list.
iOS 26 also offers enhancements to conversations, including custom backgrounds and the ability to create polls. With Apple Intelligence, Messages can detect when a poll might come in handy and suggest one, and users can generate unique backgrounds that fit their conversation with Image Playground. Additionally, in group chats, users can now see typing indicators, and request, send, and receive Apple Cash.6

Enhancements to CarPlay

CarPlay — the smarter, safer way to use iPhone while driving — is used over 600 million times per day, and now with iOS 26, it receives updates that make it even more beautiful and easy to use. The stunning design includes a new compact view for incoming calls, allowing users to see who’s calling without missing key information like upcoming directions. iOS 26 also brings Tapbacks and pinned conversations to Messages in CarPlay, and with widgets and Live Activities, users can stay in the loop without losing focus on the road. These updates also come to CarPlay Ultra, which brings the best of iPhone and the best of the car together for a deeply integrated, unified experience across every screen.

Updates to Apple Music, Maps, and Wallet

In Apple Music, Lyrics Translation helps users understand the words to their favorite songs, while Lyrics Pronunciation allows everyone to sing along, regardless of language. AutoMix uses intelligence to transition from one song to the next like a DJ, using time stretching and beat matching to seamlessly move from one song to the next.
In Apple Maps, Visited Places help users remember the places they’ve been. Users can choose to have iPhone detect when they’re at a place like a restaurant or shop, and view all of their Visited Places in Maps. Visited Places are protected with end-to-end encryption and cannot be accessed by Apple. Additionally, iPhone can now use on-device intelligence to better understand a user’s daily route, presenting them with their preferred route when they’re headed home or to the office, along with notifying them of delays and offering alternate routes.
Updates in Apple Wallet help make everyday interactions with the physical world easier than ever. Users can choose to pay with installments or rewards when they make in-store purchases with Apple Pay using iPhone. Refreshed boarding passes in Wallet offer the ability to see and share Live Activities for real-time updates on a flight. They also provide convenient access to a traveler’s most relevant information, such as Maps to navigate airports, Find My to track important items and report missing bags, and more.
Additional features in iOS 26:
  • Apple Games is a new app that gives players an all-in-one destination for their games. It helps players jump back into titles they love, find their next favorite, and have even more fun with friends. They’ll find out what’s happening across all their games, including major events and updates, so they never miss a moment. The Games app is also the best way to experience Apple Arcade, Apple’s game subscription service with more than 200 award-winning and highly rated games for the whole family.
  • AirPods are more versatile than ever with new features for AirPods 4, AirPods 4 with Active Noise Cancellation (ANC), and AirPods Pro 2. Building on the benefits of Voice Isolation, studio-quality audio recording allows iPhone, iPad, and Mac users to record their content with great sound quality and enjoy even clearer calls. With camera remote, users can press and hold the AirPods stem to take a photo or start and stop a video recording on iPhone or iPad.
  • Parents can now create or move kids into Child Accounts even more easily, taking advantage of a wide set of parental controls designed to keep children safe. Enhancements across Communication Limits, Communication Safety, and the App Store include parental approvals for contact requests from kids, blurring out sensitive content in FaceTime calls and photos in Shared Albums, and enabling parents to grant an exception for their child to download an app with an age rating that exceeds the app content restriction they set.
  • Browsing in Safari gets even more private with advanced fingerprinting protection extending to all browsing by default.
  • Powerful accessibility features include Accessibility Reader, which provides a customized systemwide reading experience, and Braille Access, an all-new interface for iPhone devices with connected braille displays. Updates to Live Listen, Background Sounds, Personal Voice, and more bring a new level of accessibility across the Apple ecosystem.
Availability
All of these features are available for testing starting today through the Apple Developer Program at developer.apple.com, and a public beta will be available through the Apple Beta Software Program next month at beta.apple.com. New software features will be available this fall as a free software update for iPhone 11 and later. The Apple Intelligence features detailed require supported devices, which include all iPhone 16 models, iPhone 15 Pro, iPhone 15 Pro Max, iPad mini (A17 Pro), and iPad and Mac models with M1 and later that have Apple Intelligence enabled and Siri and device language set to the same supported language: English, French, German, Italian, Portuguese (Brazil), Spanish, Japanese, Korean, or Chinese (simplified). More languages will be coming by the end of this year: Danish, Dutch, Norwegian, Portuguese (Portugal), Swedish, Turkish, Chinese (traditional), and Vietnamese. For more information, visit apple.com/apple-intelligence. Features are subject to change. Some features may not be available in all languages or regions, and availability may vary due to local laws and regulations. For more information about availability, visit apple.com.
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  1. Live Translation in Messages supports English (U.S., UK), French (France), German, Italian, Japanese, Korean, Portuguese (Brazil), Spanish (Spain), and Chinese (simplified). Live Translation in Phone and FaceTime is available for one-on-one calls in English (U.S., UK), French (France), German, Portuguese (Brazil), and Spanish (Spain).
  2. The ability to add an event to a calendar with visual intelligence is available in English on all iPhone 16 models, iPhone 15 Pro, and iPhone 15 Pro Max.
  3. Genmoji and Image Playground are available in English, French, German, Italian, Portuguese (Brazil), Spanish, and Japanese.
  4. Call Screening supports Cantonese (China mainland, Hong Kong, Macao), English (U.S., Australia, Canada, India, Ireland, New Zealand, Puerto Rico, Singapore, South Africa, UK), French (Canada, France), German (Germany), Japanese (Japan), Korean (Korea), Mandarin Chinese (China mainland, Taiwan, Macao), Portuguese (Brazil), and Spanish (U.S., Mexico, Puerto Rico, Spain).
  5. Hold Assist supports English (U.S., Australia, Canada, India, Singapore, UK), French (France), Spanish (U.S., Mexico, Spain), German (Germany), Portuguese (Brazil), Japanese (Japan), and Mandarin Chinese (mainland China).
  6. Apple Cash services are provided by Green Dot Bank, Member FDIC. Apple Payments Services LLC, a subsidiary of Apple Inc., is a service provider of Green Dot Bank for Apple Cash accounts. Neither Apple Inc. nor Apple Payments Services LLC is a bank. Learn more about the terms and conditions. Only available in the U.S. on eligible devices.
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Virgin Atlantic and TCS Extend Two-Decade Partnership to Modernize Airline Operations with AI-led Solutions

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2 months ago

on

June 10, 2025

By

TCS virgin-atlantic-web

The seven-year extended partnership will modernize Virgin Atlantic’s core systems with AI-driven intelligence to power personalized, connected, sustainable experiences for the skies

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has expanded its two-decade-long strategic partnership with Virgin Atlantic, a premium long haul UK airline, to accelerate its digital transformation journey. Under this renewed seven-year agreement, the two organizations will deepen their collaboration to strengthen the technological foundations of Virgin Atlantic, enable modern airline retailing, deliver greater operational resilience, and enhance customer experience.

As part of this long-term engagement, TCS will modernize Virgin Atlantic’s core technology operations by implementing a cloud-first, AI-powered digital core that enhances business agility, improves resilience of systems, and allows for higher scale of operations. TCS will implement a modern, AI-powered technology estate that will unify the airline’s technology assets and deploy an advanced Technology Command Centre. This will serve as the nerve centre for transforming Virgin Atlantic’s technology operations. Virgin Atlantic’s Technology Command Centre, co-developed with TCS, will provide real-time operational insights to enhance decision making, streamline technology operations and empower front line staff with up to date, contextual data. This will support the elevation of both customer and crew experiences, enabling efficient, smarter and more sustainable journeys, and superior hyper-personalized customer experience across every touchpoint of airline travel.

Oli Byers, Chief Financial Officer, Virgin Atlantic, said, “We exist to make our customers smile, it’s that simple. As we look ahead to this next phase of our digital transformation, technology will enable us to deliver smarter, simpler, and more memorable experiences. TCS has been a partner for more than two decades and together we’ll continue to build towards our vision of becoming the most loved travel company, powered by AI technology to modernize our systems, drive efficiency and deliver for our customers.”

With deep aviation expertise and contextual knowledge, TCS will utilise its proprietary solutions such as TCS Cognix™ and TCS AI WisdomNext™ to accelerate transformation, enable experience-centric services, and enhance service delivery. TCS’ bouquet of technology solutions will support Virgin Atlantic in building a resilient and sustainable digital core, enabling the airline to innovate continuously while delivering value across revenue, efficiency, and customer experience metrics, and become sustainably profitable. These solutions will be delivered through a dedicated onsite team of TCS associates equipped with a deep contextual knowledge of Virgin Atlantic’s environment.

Amit Kapur, Country Head – UK & Ireland, Tata Consultancy Services said, “At TCS, we believe being perpetually adaptive is a necessity in today’s dynamic business landscape. Our two-decade partnership with Virgin Atlantic is a testament to a shared vision. By combining our deep aviation expertise with advanced capabilities in data, AI, and engineering, we’re helping Virgin Atlantic build intelligent, scalable digital ecosystems and redefine the future of travel.”

TCS has been a transformation partner to Virgin Atlantic which ferried over 5 million passengers worldwide in 2024 and connects over 30 destinations globally. For over two-decades TCS has been instrumental in driving innovation and agility across mission-critical programs for the airline; spanning crew, cargo, engineering and enterprise platforms. Building on this strong legacy, this extended partnership marks a new chapter in collaboration, laying the foundation for a future-ready airline that will continue to set new benchmarks for the airline industry.

With three decades of leadership in aviation, TCS partners with the world’s leading airlines, offering consulting-led innovation, cognitive-powered portfolio of business, and technology and engineering services. TCS leverages industry-specific solutions, like TCS Aviana™, a unified, autonomous, digital, cloud-ready solution for intelligent airline operations. Its deep industry knowledge will help Virgin Atlantic unlock new growth opportunities and drive innovation across its entire business ecosystem.

(L-R) Amit Kapur, Country Head – UK & Ireland, TCS; Shai Weiss, CEO – Virgin Atlantic Signing the Partnership Document

This partnership demonstrates TCS’ dedication to being a trusted transformation partner for leading businesses in the UK. TCS has operated in the UK for 50 years and works with over 200 of the nation’s best-known and most-loved businesses. TCS holds a leadership position in software and IT services in the UK market, working with around half of the FTSE100. TCS has been ranked the number one IT service provider for customer satisfaction in the UK in an independent survey of CIOs from the largest IT spending organizations in the country.

Virgin Atlantic 

Virgin Atlantic was founded by entrepreneur Sir Richard Branson in 1984, with innovation and amazing customer service at its core. In 2024, Virgin Atlantic was voted Britain’s only Global Five Star Airline by APEX for the eighth year running in the Official Airline Ratings. Headquartered in London, it employs 8,500 people worldwide, flying customers to 28 destinations across four continents throughout the year.

Alongside shareholder and Joint Venture partner Delta Air Lines, Virgin Atlantic operates a leading transatlantic network, with onward connections to over 200 cities around the world. In February 2020, Air France-KLM, Delta Air Lines and Virgin Atlantic launched an expanded Joint Venture, offering a comprehensive route network, convenient flight schedules, competitive fares and reciprocal frequent flyer benefits, including the ability to earn and redeem miles across all carriers.  Virgin Atlantic joined SkyTeam in March 2023 as the global airline alliance’s first and only UK member airline, enhancing the alliance’s transatlantic network and services to and from Heathrow and Manchester Airport.

Virgin Atlantic has been pioneering sustainability leadership for more than 15 years, committing to Net Zero by 2050 and continuous action that reduces environmental impact.  The airline operates one of the youngest and most fuel-efficient fleets in the skies, with an average age under seven years. In October 2022, Virgin Atlantic welcomed its first A330-900’s to the fleet, continuing its transformation towards 100% next generation aircraft by 2028.  In November 2023, the airline led a consortium to deliver the world’s first flight across the Atlantic on 100% Sustainable Aviation Fuel (SAF), demonstrating that 100% SAF can be used safely as a drop in fuel in existing infrastructure, engines and airframes. The need to scale production is an industry imperative and Virgin Atlantic is committed to radical collaboration across the energy chain to support commercialisation ahead of 2030.

For more information visit www.virginatlantic.com or via Facebook, Twitter and Instagram @virginatlantic.

Tata Consultancy Services Ltd (TCS)

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service.

Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce of 607,979 consultants in 55 countries and 202 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients – helping them emerge as perpetually adaptive enterprises. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to Artificial Intelligence today.

TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment.

TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2025. For more information, visit www.tcs.com

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AI Takes Center Court, Infosys and FFT Unveil Innovative Fan Features for Roland-Garros 2025

Published

2 months ago

on

June 10, 2025

By

Infosys

Leverage Gen AI and agentic AI to deliver new fan experiences including enhanced and personalized match analysis and creative content

Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, in partnership with the French Tennis Federation (FFT) today announced a powerful line-up of AI-first fan experiences for Roland-Garros 2025. Entering its seventh year as the official AI and Digital Innovation Partner, Infosys is leveraging its AI-first suite of offerings, Infosys Topaz, to apply agentic AI and generative AI to deliver immersive and interactive fan experiences that push the boundaries in sports technology.

The innovations for 2025 include:

  • AI Commentary: This feature allows fans to truly experience the various highs and lows of the matches. By capturing every thrilling twist and turn, it delivers commentary that brings alive each moment. With player-specific point-of-views, point-by-point or game-level highlights, AI Commentary ensures a viewing experience that is both personal and engaging. The feature leverages out-of-the-box large language models (LLMs) to combine real-time analytics with agentic AI built on multi-agent orchestration.
  • AI Stadium: Using advanced text-to-image generation to expand on the virtual reality fan zone concept, AI Stadium empowers fans to imagine their own 3D tennis arenas. With voice prompting, fans can create a range of environments from futuristic to nature-inspired in seconds, enabling rapid image generation optimised for VR spatial immersion. This gamified feature brings fans one step closer to their personalized tennis universe, redefining how the sport is experienced.
  • Generative AI Poster Challenge: New for this year, video generation elevates an experience to a new creative dimension. Using prompts like iconic French landmarks, art styles, and tennis motifs, fans can now generate short, AI-created videos. At the Infosys Fanzone in RG this year, fans can take it a step further by stepping into an immersive LED cube to experience their personalised posters come to life. Developed with responsible AI principles, this feature ensures safe, ethical exploration of generative AI possibilities and rewards winners with tickets and vouchers for Roland-Garros.

The AI innovations at Roland-Garros build on a journey of AI advancements by Infosys, incorporating machine learning and applied AI into properties like Match Centre, AI Videos & AI-Assisted Journalism. These continue to evolve with expanded feature sets to enhance player performance, fan engagement and tournament experiences.

Beyond tech innovations, Infosys is also collaborating with Fête le Mur (FLM), a charity partner of FFT, to support tech-enabled learning initiatives for underprivileged youth in Paris. As part of this, FLM will help develop tennis-related learning modules on Infosys Springboard, a digital learning platform which enables upskilling for digital inclusion and social impact. Courses will range from leadership and training to safeguarding for tennis camps and additional sports. A group of 60 students will be offered the chance to visit Roland-Garros and take part in AI and technology workshops led by Infosys experts. Additionally, the winner of a competition to identify the biggest Rafa fan will receive an exclusive two-day experience at the Rafa Nadal Academy in Spain.

Sumit Virmani, Global Chief Marketing Officer, Infosys said, “Sports has been witnessing a tech-fuelled transformation and at Infosys we are excited to be leading the charge for tennis! Every year we create unique experiences for the Roland-Garros community on the back of our deep tech expertise. As enterprise AI reshapes industries globally, we are thrilled to deploy its power at the tournament. With AI-powered insights, and personalized and engaging commentary, fans gain instant access to rich information and in-depth analysis, while the Gen AI Poster Challenge unlocks limitless creative expression. This is a truly exciting time for tennis fans as they experience the thrill of the sports with action on court and beyond.”

Stephane Morel, CEO, FFT, said: “Our partnership with Infosys is transforming the fan experience at Roland-Garros through AI. With the tech innovations for this year, Infosys has once again demonstrated how AI can help to push the boundaries of fan engagement. From exploring match insights in innovative ways using generative AI to celebrating our heritage with the Poster Challenge, we’re creating deeper connections with our fans at every touchpoint, both onsite and worldwide.”

The Roland-Garros 2025 tournament will take place from 25th May to 8th June. For more information on the partnership, visit https://www.infosys.com/roland-garros.html.

About Roland-Garros

Roland-Garros is a must-see event for sports lovers and the general public alike. In 2024, Roland-Garros opened its doors to 675,080 spectators and was broadcast in 220 territories around the world, making it a major global sporting event. Organized by the French Tennis Federation, Roland-Garros is the only Grand Slam tournament to be played on clay, one of the oldest and noblest surfaces in the history of tennis.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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