Labour code shock for IT giants: How it impacted Q3 FY26 profits, from TCS to LTIMindtree — explained

In the third quarter of FY26, major IT companies faced significant profit declines due to new labour codes, resulting in a ...
NDTV Profit on MSN

TCS to LTIMindtree: Indian IT majors take Rs 5,600 crore hit to Q3 profit due to new labour codes

According to their estimates, a 2% rise in employee costs in India could reduce FY27 earnings by 2-4%. Among the major IT firms, TCS and Infosys are expected to be the least affected, whereas Coforge, ...