TCS Q4 Profit Rises 12% to Rs 13,718 Crore, Adds Staff

Tata Consultancy Services, India's largest IT services firm, reported a 12 percent year-on-year increase in net profit for the March quarter of fiscal year 2026, reaching Rs 13,718 crore, as the company announced workforce expansion and salary hikes amid steady demand for technology services.

The Mumbai-based company disclosed the results on April 9, 2026, marking its third consecutive quarter of sequential revenue growth. Revenue from operations rose 5.4 percent from the previous quarter to Rs 70,698 crore, driven by a 1.2 percent increase in constant currency terms, the strongest in seven quarters. The performance was bolstered by total contract value of $12 billion in the quarter, including three mega deals, with banking, financial services, and insurance sectors leading at $2.8 billion. For the full fiscal year, revenue grew 4.6 percent to Rs 2.67 lakh crore, while net profit edged up 1.4 percent to Rs 49,210 crore. Operating margins held steady at 25.3 percent, and the board proposed a final dividend of Rs 31 per share, pending shareholder approval.

The earnings reflect TCS's focus on artificial intelligence and digital transformation, with annualized AI revenues exceeding...