TCS Q4 Results 2026 LIVE: Net Profit jumps 12% YoY to ₹13,718 crore, revenue up 9.6%

TCS Q4 Results 2026 LIVE: From double-digit growth to slowdown

The $315 billion Indian tech sector, employing about 5.9 million people, last reported double-digit revenue growth in the March 2023 ​quarter. Since then, demand has softened as clients cut discretionary spending, deal cycles lengthened, and spending shifted towards cost optimisation and AI-led projects.

TCS Q4 Results 2026 LIVE: TCS announces salary hike for employees across all grades starting April 1

Tata Consultancy Services (TCS) on Thursday announced an annual salary hike or appraisal for its employees across all grades, effective 1 April 2026. The exact salary increment rate has not been disclosed by the company yet.

TCS Q4 Results 2026 LIVE: TCS headcount rises marginally in Q4

The company reported a marginal increase of around 2,300 in its total employee headcount in Q4 FY26. It's employee base stood at 584,519 in Q4 FY26, up 0.40% from 582,163 employees recorded in the previous quarter of FY26.

Despite the rise in the March quarter, TCS' overall headcount dropped by 23,460 for the full financial year. This steep decline comes amid the 2% reduction in its workforce, equating to nearly 12,000 jobs in the last financial year.

TCS Q4 Results 2026 LIVE: AI revenues cross $2.3 billion as adoption accelerates in FY26

Aarthi Subramanian, Executive Director - President and Chief Operating Officer, said "FY26 marked a pivotal year for enterprise AI adoption. In Q4, our annualized AI revenues surpassed $2.3 billion, driven by the accelerated deployment of AI solutions. We experienced strong deal momentum across new services in Enterprise Transformation, Digital Engineering, and Cloud Modernization. Our investment in HyperVault was a catalyst in forging strategic partnerships with OpenAI, AMD and ABB, further strengthening our positioning across Infrastructure-to-Intelligence.”

TCS Q4 Results 2026 LIVE: TCS reports first-ever drop in dollar revenue growth in FY26

In dollar terms, revenue for FY26 came in at $30,017 million, marking a 0.5% YoY decline, while in constant currency terms, it was down 2.4%.

This marks the first time the company has reported a decline in dollar revenue growth in any fiscal year. In FY25, the Tata Group firm reported dollar revenue growth of 3.8%. Even during the Covid-hit fiscal year 2021, the company posted a marginal increase of 0.6%.

Growth in four of the last five financial years prior to FY26 has been in single digits for TCS, CNBC-TV18 reported.

TCS Q4 Results 2026 LIVE: Dividend tally hits ₹109 per share over the past year

The company announced a final dividend of ₹31 per share for FY26, along with its March quarter performance. Earlier in January, the Tata Group company paid a dividend of ₹57 per share, which included a special dividend of ₹46 and an interim dividend of ₹11 per share. In FY26, TCS paid ₹39,571 crore to shareholders through dividends.

In the past 12 months, TCS has declared an equity dividend amounting to ₹109 per share. The company has declared 93 dividends since October 28, 2004, as per Trendlyne data.

TCS Q4 Results 2026 LIVE: Stock slides 20% YTD, lags Nifty’s 9% decline

TCS shares have dropped about 20% this year, compared to a 9% decline in the benchmark NSE Nifty 50 Index.

Sentiment around the tech services giant has been weighed down by AI developments, including Meta Platforms Inc.’s latest model launch and Anthropic’s new tools to build AI agents. Any management commentary on the topic is also likely to be watched closely.

TCS Q4 Results 2026 LIVE: TCS partners AMD to co-develop AI and GenAI solutions for enterprises

The company in its earnings report said that it had entered into a strategic collaboration with AMD, a leader in high-performance and AI computing during the March quarter, to co-develop industry-specific AI and GenAI solutions.

This partnership combines TCS’ deep domain expertise, systems integration capabilities, and global innovation ecosystem with AMD’s high-performance computing and AI product portfolio. Together, the companies aim to help enterprises modernise hybrid cloud and edge environments, deploy AI-powered workplace solutions, and accelerate innovation across cloud-to-edge workloads.

TCS Q4 Results 2026 LIVE: Management to address investors at 7 pm today

TCS conference call is scheduled for 7 pm today, where the management will address the media and investors. You can track the confrence call here.

TCS Q4 Results 2026 LIVE: Major deals announced by TCS

(i) A strategic collaboration with AMD on the co-development of industry-specific AI and GenAI solutions.

(ii) A multi-dimensional strategic partnership with OpenAI that spans multiple high-impact areas, including powering AI-led innovation across Tata Group companies, joint efforts to drive AI transformation across industries globally, and setting up AI infrastructure as well as social impact.

(iii) A strategic partnership with Honeywell to help building operators move from traditional automation to enterprise-wide autonomy.

(iv) A multi-year partnership with ServiceNow for developing trusted, AI-powered solutions on the ServiceNow platform.

(v) Entered into a strategic alliance with Cisco to launch a Centre of Excellence (CoE) in Hyderabad for Autonomous Enterprise Operation.

TCS Q4 Results 2026 LIVE: TCS intensifies Build–Partner– Acquire approach, says CFO

Samir Seksaria, Chief Financial Officer, said, “In FY26, we intensified investments through our Build–Partner–Acquire approach, by acquiring Coastal Cloud & List Engage and establishing HyperVault. Even as we scaled our investmentsin AI‑led growth opportunities, our margins expanded by 70 basis points, reflecting our strong operational rigor. Our solid cash flow and resilient balance sheet position us to advance strategic priorities, pursue timely investments, and maximize growth.”

TCS Q4 Results 2026 LIVE: TCS has filed 9,596 patents as of March 31

As of 31st March 2026, TCS has filed 9,596 patents cumulatively, of which 5,500 have been granted. This includes 1,833 patents filed for AI-led Inventions, of which 573 patents have been granted.

TCS Q4 Results 2026 LIVE: North American market sees decent growth

The North American market saw a growth of 1.4% QoQ and 2.5% YoY in CC terms for the fourth quarter of FY26. Meanwhile, on full financial year basis, the growth was flat at 0.2% YoY.

TCS Q4 Results 2026 LIVE: Domain-wise performance

Technology & services, along with energy and utilities witnessed the strongest growth. Communications and regional markets performance was impacted.

TCS Q4 Results 2026 LIVE: TCS dollar revenue growth dips marginally for full financial year

In dollar terms, TCS said its revenue came in at $30,017 in FY26 as against $30,179 in the same period last year, recording a marginal decline. In constant currency terms, the figure was at down 2.4%.

Meanwhile, for Q4, the figure stood at $7621 million, higher than $7465 million in the same period last year and $7509 million in the preceding December quarter. In CC terms, the figure was up 1.2% QoQ.

TCS Q4 Results 2026 LIVE: TCS says AI revenue surpasses $2.3 billion

Aarthi Subramanian, Executive Director - President and Chief Operating Officer, said FY26 marked a pivotal year for enterprise AI adoption.

In Q4, our annualised AI revenues surpassed $2.3 billion, driven by the accelerated deployment of AI solutions.

"We experienced strong deal momentum across new services in Enterprise Transformation, Digital Engineering, and Cloud Modernization. Our investment in HyperVault was a catalyst in forging strategic partnerships with OpenAI, AMD and ABB, further strengthening our positioning across Infrastructure-to-Intelligence.”

TCS Q4 Results 2026 LIVE: TCS implements wage hike from April 1

Sudeep Kunnumal, Chief HR Officer, said “We are pleased to implement annual salary increases across all grades effective 1st April. In Q4, we continued to invest in a future‑ready workforce with strong additions across experienced talent and campus hires. Building an AI‑first culture and equipping our people with AI‑ready skills remained a key priority in FY26 and will continue into FY27, as we align closely with our customers’ evolving needs.”

TCS Q4 Results 2026 LIVE: Attrition rises marginally

According to media reports, TCS' Q4 attrition rose by 20 bps to 13.7% from 13.5% QoQ.

TCS Q4 Results 2026 LIVE: Headcount rises marginally

The employee headcount for TCS at the end of FY26 was 584,519, marginally higher than the global headcount of 582,163 in Q3FY26.

TCS Q4 Results 2026 LIVE: CEO K Krithivasan says momentum broad based across major markets and most industries

K Krithivasan, Chief Executive Officer and Managing Director, said “We are pleased to report the third consecutive quarter of sequential growth, supported by three mega deals and a $12 billion TCV, underscoring the strength of our five pillar strategy and our AI led positioning across services. It is equally encouraging that this momentum was broad based across major markets and most industries. While the macro-economic headwinds continue, we see sustained customer conviction in technology investments, which positions us well for the opportunities ahead.”

TCS Q4 Results 2026 LIVE: A look at client addition in terms of deal size

The company recorded strong client additions across different deal sizes.

• $100M+ up by 2 YoY, number of clients increased to 66
• $50M+ up by 9 YoY, number of clients increased to 139
• $1M+ up by 65 YoY, number of clients increased to 1,397

TCS Q4 Results 2026 LIVE: Deal pipeline remains strong

Strong TCV performance at $40.7 billion for FY26 and at $12 billion for Q4, among the highest TCV ever; with 3 mega deals for the quarter and 5 mega deals for the year.

TCS Q4 Results 2026 LIVE: Margin performance remained strong, highest in 4 years

TCS, in its press release, said that its operating margin was higher by 1 bps QoQ to 25.3% in Q4. For the full financial year, operating margin was at 25%, up 70 bps and the best ever in four years.

TCS Q4 Results 2026 LIVE: A look at QoQ performance

On a quarter-on-quarter basis, the company's revenue was higher by 5.4%, with the growth led by the North American and UK markets. Meanwhile, the profit rose 28.72% QoQ due to lower base last quarter, impacted by new labour code norms.

TCS Q4 Results 2026 LIVE: TCS declares ₹31 dividend

TCS board has recommended a final dividend of ₹31/share of ₹1 each of the Company, which shall be paid on the third day from the conclusion of the 31st Annual General Meeting, subject to approval of the shareholders of the company.

TCS Q4 Results 2026 LIVE: Consolidated revenue rises 9.6% YoY

TCS posted a consolidated revenue growth of 9.6% year-on-year to ₹70,698 crore during Q4FY26. Revenue was at ₹64,479 crore in the same period last year.

TCS Q4 Results 2026 LIVE: TCS Q4 profit jumps 12% YoY

TCS posted a 12.22% rise in its consolidated net profit for Q4 FY26 at ₹13,718 crore as against ₹12,224 crore posted in the same period last year.

TCS Q4 Results 2026 LIVE: TCS stock ends over 1% higher ahead of Q4 show

TCS shares ended higher on Thursday, April 9, ahead of the Q4 results announcement. The stock closed the session 1.18% higher at ₹2589.95 on the BSE even as the benchmark index faced sharp cut of over 1% today, suggesting optimism around the company's Q4 performance.

TCS Q4 Results 2026 LIVE: 6 key things to track in TCS' Q4 results

1. Progress in agentic AI in the last three months and whether than leads to change in AI deflation assumption
2. Timeframe for convergence of growth with peers and that the factors that may drive the same
3. Impact of GCC ramp up on growth of companies and GCC as a growth lever
4. Progress on planned data center investments
5. Areas of strategic importance for inorganic investments especially after a couple of acquisitions in the last two quarters
6. Margin aspirations in light of elevated competitive intensity

TCS Q4 Results 2026 LIVE: Deal TCV to plunge 22% YoY on high base effect

Kotak Institutional Equities expects deal TCV of $9-10 billion, down on YoY comparison. Note that the base quarter had benefit of a large deal renewal. Deal TCV will likely decline 22% YoY and stable on QoQ basis. There was no mega-deal closure in the quarter.

TCS Q4 Results 2026 LIVE: TCS to consider final dividend along with Q4 results

TCS board will also consider and recommend a final dividend for FY26 along with its Q4 results. TCS has declared 93 dividends since October 2004, according to Trendlyne data. In the last one year, it has announced dividends amounting to ₹109 per share. At the prevailing level, TCS' dividend yield is 4.26%.

During the last quarter earnings announcement, the TCS board had declared a dividend of ₹57 per share, which included an interim dividend of ₹11 and a special dividend of ₹46.

TCS Q4 Results 2026 LIVE: USD revenue growth seen at 0.7% QoQ, margins to remain broadly stable at 25.3%: Dhanshree Jadhav

Dhanshree Jadhav, Analyst - Technology at Choice Institutional Equities, expects TCS to report 0.7% quarter-on-quarter (QoQ) revenue growth in US dollars (3% in INR), driven by continued traction in its AI-led enterprise transformation initiatives.

TCS has further strengthened its AI positioning through its partnership with OpenAI, aimed at enabling industry-specific agentic AI solutions and joint go-to-market execution. The company’s AI portfolio has reached an annualised run-rate of $1.8 billion, growing 17.3% QoQ in constant currency. Margins may remain broadly stable at 25.3%, with the company continuing to focus on productivity levers and workforce restructuring initiatives to support operational efficiency, Jadhav said.

TCS Q4 Results 2026 LIVE: What to watch out for in TCS Q4 results?

Investor should focus on progress in agentic AI in the past three months and whether than leads to change in AI deflation assumption; timeframe for convergence of growth with peers and that the factors that may drive the same; impact of GCC ramp-up on growth of companies and GCC as a growth lever; progress on planned data center investments; areas of strategic importance for inorganic investments, especially after a couple of acquisitions in the past two quarters; and margin aspirations in light of elevated competitive intensity, according to Kotak Equities.

TCS Q4 Results 2026 LIVE: Deal TCV expected to fall to $9-10 billion

TCS’ deal TCV is expected to fall to $9-10 billion. It is to be noted that the base quarter had the benefit of a large deal renewal. Deal TCV will likely decline 22% YoY and be stable on a QoQ basis, as there was no mega-deal closure in the quarter. Focus will be on the company’s renewed aggression and investments to accelerate growth.

TCS Q4 Results 2026 LIVE: Deal pipeline to remain healthy; outlook demand, tech budgets, AI data centers, deal wins key

TCS is expected to post ~1.5% QoQ CC revenue growth, with international business also growing ~1.5%. Inorganic contribution from Coastal Cloud (2-month impact in 4Q) is likely around 0.3%. Deal pipeline should remain healthy; comments on demand, tech budgets, AI data centers, BFSI and deal wins will be key. We expect EBIT margin to remain stable QoQ, with some currency support as wage headwinds are absorbed and one-offs are behind. Recent acquisitions (ListEngage, Coastal Cloud) should support near-term growth; synergies will be key to track, said brokerage firm Motilal Oswal.

TCS Q4 Results 2026 LIVE: Net profit seen up 2.1% at ₹13,736 crore, revenue growth likely 5.1% QoQ

TCS is expected to report a net profit of ₹13,736 crore in Q4FY26, registering a growth of 2.1% from ₹13,457 crore, QoQ. Revenue is estimated to grow 5.1% to ₹70,481 crore from ₹67,087 crore, QoQ, while USD revenue may increase 1.7% to $7,635 million from $7,509 million, QoQ, according to estimates by ICICI Securities.

EBIT is expected to grow 5% to ₹17,740 crore from ₹16,889 crore, while EBIT margin is seen flat at 25.2%, sequentially.

TCS Q4 Results 2026 LIVE: BFSI, Hitech, cross-currency tailwinds to support topline growth

Axis Securities expects TCS’ Q4 revenue to grow by 2.6% QoQ, led by growth in BFSI, Hitech, and cross-currency tailwinds. Margins are likely to improve by 23 bps QoQ. Key things to watch out for in TCS Q4 results today include deal pipeline, vertical commentary, and outlook on FY27.

TCS Q4 Results 2026 LIVE: USD revenue likely to grow 1.5% QoQ to $7,623 million

TCS is expected to report revenue growth of 1.5% to $7,623 million from $7,509 million, QoQ, as per Kotak Institutional Equities. It forecasts 1.2% growth in constant currency (cc) terms contributed by 0.8% on organic basis and 40 bps contribution from Coastal cloud acquisition. It expects international business to grow faster and believes that India business will decline marginally.

TCS Q4 Results 2026 LIVE: Revenue growth seen at 1.2% QoQ in CC terms

Brokerage firm Nuvama Institutional Equities expects TCS to deliver +1.2% QoQ CC and 1.7% USD revenue growth. It expects growth to be broad-based across developed markets and RoW, with BSNL extension deal yet to start. TCS margins are likely to remain flat QoQ led by forex tailwinds, partly offset by reinvestments and higher variable pay provisioning.

TCS Q4 Results 2026 LIVE: Expect topline, bottomline growth of over 2%

Analysts expect TCS to report topline growth of 2.6% sequentially in Q4FY26, led by growth in BFSI, Hi-tech, and cross-currency tailwinds. EBIT margins are likely to improve by 23 bps quarter-on-quarter (QoQ). Net profit of TCS in Q4FY26 is expected to rise over 2% QoQ.

TCS Q4 Results 2026 LIVE: TCS share price gains over 1% ahead of Q4 results today

TCS share price traded over a percent higher on Thursday, ahead of the announcement of its Q4 results today. TCS share price opened flat at ₹2,559.75 apiece as against its previous close of ₹2,559.80 apiece on the BSE. The IT stock rallied as much as 1.51% to ₹2,598.60 apiece on the BSE.

TCS Q4 Results 2026 LIVE: TCS expected to report decent earnings growth

TCS is estimated to see a decent revenue growth along with improvement in margins, supported by depreciation in the Indian rupee. Net profit of the IT heavyweight is also expected to rise.

TCS Q4 Results 2026 LIVE: IT sector likely to see subdued earnings

The Indian IT sector is expected to see subdued earnings growth during the fourth quarter of FY26, reflecting the current challenging environment marked by multiple uncertainties. While the March quarter benefits from the absence of furloughs, particularly in BFSI and retail, this is partly offset by a lower number of working days.

TCS Q4 Results 2026 LIVE: TCS to declare Q4 results today

Tata Consultancy Services (TCS), the largest software service exporter in India, is set to announce its Q4 results today. The IT bellwether will also declare its earnings for the full year FY26 today, 9 April 2026.