‘ } CompaniesJas Bardia 2 min read 18 Apr 2025, 04:29 PM ISTTCS, Infosys, and Wipro declared their March quarter results over the last two weeks.SummaryCEOs of TCS, Infosys and Wipro warn about the cloudy demand environment triggered by US President Donald Trump’s tariff tantrums. BENGALURU : Macroeconomic uncertainty, induced by US President Donald Trump’s resolve to impose reciprocal tariffs, was the common theme when the bosses of three of India’s four largest information technology (IT) services firms spoke about their full-year earnings over the last two weeks. Though US President Donald Trump has suspended all the reciprocal tariffs for three months, unless India manages to secure a trade pact during this brief window, it will face a 27% levy on its exports to the US.K. Krithivasan, CEO of TCSThe largest IT outsourcer, Tata Consultancy Services Ltd, kicked off the earnings season on a sombre note, growing the slowest in four years despite beating analyst estimates. The key points he made during TCS’s post-earnings media briefing on 10 April: -Uncertainty started creeping in March. TCS was optimistic about the fourth quarter of 2024-25 until February. -Macroeconomic uncertainty led to project delays and deferrals in decision-making by clients. -Even as there were no cancellations, there were delays in decision-making. -In the March quarter, the company continued to see softness in the manufacturing sector, while the auto industry faces uncertainties due to EV downturn. -The fiscal year 2025-26 is expected to be better than 2024-25 on the back of a strong order book.Srini Pallia, CEO of WiproHis concerns were echoed by peer Srini Pallia, CEO of Wipro Ltd, almost a week later. India’s fourth-largest IT firm, which saw its revenue decline for the second consecutive year in 2024-25, forecast its slowest start to a fiscal year. However, much like TCS, it also beat analyst estimates.The key points he made in the post-earnings media interaction on 16 April: -The global industry environment remained uncertain for most of the year, and the recent tariff announcements have only added to that. -Clients are expected to take a more measured approach, especially in two spending areas: large transformation programmes and discretionary spending. -This macroeconomic uncertainty is expected to impact revenue growth momentum across sectors in the future. -The tariffs impact sectors like manufacturing and consumer goods the most. -Clients are adopting a wait-and-watch approach even as the deal pipeline remains strong.Salil Parekh, CEO of InfosysA day later, though a little more optimistic, Infosys Ltd’s CEO voiced similar concerns. Infosys, too, projected its slowest start to a fiscal year in over a decade.The key points he made during the post-earnings press conference on 17 April:-Clients have not paused tech spending, and the situation coul in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. 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