What TCS and HCL say about IT demand
The December quarter (Q3FY26) results of large-cap IT companies Tata Consultancy Services Ltd (TCS) and HCL Technologies Ltd played out largely as expected, with HCL leading on revenue growth. Both companies flagged pockets of demand improvement, but the recovery remains uneven, and their Q3 performances diverged on several counts. HCL reported a strong 4.2% sequential…