TCS Tata Consultancy Services Q4 FY26 results (Jan–Mar 2026) and concall
TCS delivered a strong Q4 FY26 with 1.2% sequential constant currency growth and a record $12 billion TCV, driven by broad-based market momentum and significant AI services adoption. Despite a full-year revenue decline of 2.4% in constant currency, the company achieved its highest operating margin in four years at 25%, demonstrating resilience amidst geopolitical and macroeconomic uncertainties. Strategic investments in AI, talent, and HyperVault position TCS for future growth.
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What they filed
Q4 FY26: revenue up 7.2%, net profit up 30.7% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 53,883 | 54,136 | 52,788 | 54,531 | 55,567 +3% | 58,052 +7% |
| EBITDA | 14,727 | 14,069 | 14,757 | 15,668 | 15,694 +7% | 16,130 +15% |
| Net profit | 11,832 | 11,116 | 12,552 | 11,828 | 10,190 −14% | 14,526 +31% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





