TCS reported a steady performance in the quarter, backed by broad-based growth, steady deal momentum and sequential margin improvement across verticals. Management guided for stronger FY26 international revenue growth compared with FY25. It expects margins to gradually move towards the 26-28% aspirational band. Strategic initiatives remain centred on scaling AI-led transformation, expanding global delivery hubs, and strengthening cloud modernisation and platform capabilities through acquisitions. The company is also investing in sovereign AI data centres with...