TCS Share Price Dips 2%; Revenue Grows 4.6% YoY in FY26 Results

Tata Consultancy Services reported a stable financial performance for the quarter and full year ended March 31, 2026. 

The company posted Q4FY26 revenue of ₹70,698 crore, registering a growth of 5.4% quarter-on-quarter. For the full financial year FY26, revenue stood at ₹267,021 crore, reflecting a 4.6% year-on-year increase.

Growth during the quarter was driven by strong performance in key regions such as the UK and North America, along with contributions from enterprise and consumer business groups.

Margin and Profitability Trends

TCS reported an operating margin of 25.3% in Q4FY26, showing a sequential improvement of 10 basis points. For FY26, operating margin stood at 25%, marking a 70 basis point expansion and the highest level in the last four years.

Net margin for FY26 came in at 19.8%, up 80 basis points year-on-year, also the highest in four years. Earnings per share witnessed a 12.2% growth on a yearly basis, highlighting improved profitability and operational efficiency.

AI and Digital Growth Momentum

The company continued to witness strong traction in emerging technologies, with annualised AI revenue crossing $2.3 billion in Q4FY26. TCS has also focused heavily on workforce development, recording 69 million learning hours during the year and significant upskilling in AI and machine learning capabilities.

More than 270,000 employees have gained higher proficiency in AI and ML, reflecting the company’s emphasis on future-ready talent.

Cash Flow and Shareholder Returns

TCS maintained strong cash generation, with operating cash flow at 106.7% of net income. The company also proposed a final dividend of ₹31 per share, taking total shareholder payouts for FY26 to ₹39,571 crore.

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 Share Price Today

On April 10, 2026, TCS share price opened at ₹2,565.80. At 10:42 AM, the share price of TCS was trading at ₹2,513.10, down by 2.93% on the NSE.

Also Read: TCS Cuts Bench Duration to 25 Days: Why Are IT Giants Like Infosys and Wipro Choosing A Leaner Workforce?

Conclusion

TCS delivered consistent growth in FY26, supported by margin expansion, strong cash flow, and increasing contribution from AI-driven services. The company’s focus on innovation and talent development positions it well for sustained long-term growth.

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