TCS Drops 3% After Q4 Results; AI Revenue Hits $2.3bn
Shares of Tata Consultancy Services Limited fell by nearly 3% on 10 April after the company’s Board of Directors approved its Q4 and full-year FY26 results at a meeting held on 9 April 2026. In its exchange filing, TCS disclosed consolidated revenue of Rs 70,698 crore for the three months... The post TCS Drops 3% After Q4 Results; AI Revenue Hits $2.3bn appeared first on Equitypandit.
Shares of Tata Consultancy Services Limited fell by nearly 3% on 10 April after the company’s Board of Directors approved its Q4 and full-year FY26 results at a meeting held on 9 April 2026.
In its exchange filing, TCS disclosed consolidated revenue of Rs 70,698 crore for the three months ended 31 March 2026, up 9.6% from Rs 64,479 crore a year earlier and 5.38% sequentially from Rs 67,087 crore in Q3 FY26. Net profit attributable to shareholders reached Rs 13,718 crore, a 12.2% year-on-year jump from Rs 12,224 crore and a 28.7% rise quarter-on-quarter.
Quarter’s total contract value reached $12 billion, among the highest ever recorded by the firm, with three mega deals signed during the period: UK retailer Marks & Spencer, a leading UK telecom operator and a US-based retail and pharmacy chain.
Annualised AI revenue crossed $2.3 billion in Q4 FY26, the company’s press release revealed, up from $1.8 billion in the preceding quarter. For the full year FY26, consolidated revenue stood at Rs 2,67,021 crore against Rs 2,55,324 crore in FY25, a rise of 4.6%. The Board recommended a final dividend of Rs 31 per equity share, subject to shareholder approval at the 31st Annual General Meeting.
It’s trading at Rs 2,513.30 on the National Stock Exchange as of 10:10 am on 10 April, down Rs 75.70 from its previous close of Rs 2,589.00. Over the past year, TCS has shed 22.57%, touching a 52-week low of Rs 2,346.20 on 30 March 2026.
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The post TCS Drops 3% After Q4 Results; AI Revenue Hits $2.3bn appeared first on Equitypandit.
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