Newsletter
TCS has officially kicked off the Q4 earnings season, and the numbers are pretty much in line with what the Street was expecting.
By the numbers:
Net profit: up 28.7% QoQ to ₹13,718 crore
₹ Revenue: up 5.4% QoQ to ₹70,698 crore
$ revenue: up 1.5% QoQ at $7,621 m
What’s driving this: a part of the growth came from recent moves like the acquisitions of Coastal Cloud and List Engage, along with the launch of HyperVault.
Add to that a favourable currency impact, and TCS managed to post better-than-expected sequential growth.
Deal wins: TCS reported a strong pipeline, with total contract value (TCV) hitting $40.7 billion for FY26 and $12 billion in Q4 alone, among its highest ever. The company also closed three mega deals in the quarter and five during the year.
And then there’s AI. TCS’s annualised AI revenues have now crossed $2.3 billion.
Headcount update: the company saw its headcount increase by 2,356 employees on a net basis in Q4FY26. It has also announced salary hikes across all levels starting April 1.
All in all, a steady quarter for TCS, with solid deal wins and a growing push into AI setting the tone for what’s ahead.
