IT Consulting & Software company Tata Consultancy Services announced Q4FY26 & FY26 results Q4FY26 Financial Highlights: Revenue at Rs 70,698 crore, +5.4% QoQ. Growth led by ERU (+6.1%), and CBG (+2.8%) QoQ in CC. Amongst markets, growth led by UK (+2.4%); North America (+1.4%) QoQ in CC. Operating Margin: 25.3%, +10 basis points QoQ. Net Margin: 19.4%, EPS grew 12.2% YoY. Strong Cash conversion: Operating Cash Flow 106.7% of Net Income. FY26 Financial Highlights: FY26 Revenue Rs 2,67,021 crore, Growth +4.6% YoY, -2.4% in CC. FY26 Operating Margin at 25%; up 70 basis points YoY – highest operating margin in last 4 years. FY26 Net Margin at 19.8%; up 80 basis points YoY – highest net margin in last 4 years. Final Dividend (proposed): Rs 31 per share, to be approved at the Annual General Meeting. FY26 Shareholder payout of Rs 39,571 crore in the form of dividends Employee Headcount: 584,519. K Krithivasan, Chief Executive Officer & Managing Director, said: “We are pleased to report the third consecutive quarter of sequential growth, supported by three mega deals and a USD 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.” Aarthi Subramanian, Executive Director, President & Chief Operating Officer, said: "FY26 marked a pivotal year for enterprise AI adoption. In Q4, our annualized AI revenues surpassed USD 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.” 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 investments in 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.” 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.” Result PDF