Tata Consultancy Services (TCS) reported a 14% year-on-year drop in net profit to Rs 10,657 crore for Q3 FY26. The company cited a Rs 2,128 crore statutory impact from India's new labor codes, primarily affecting gratuity and compensated absences due to a revised wage definition. Additionally, TCS disclosed Rs 1,010 crore related to a legal claim from Computer Sciences Corporation in the US.