Tata Consultancy Services Limited has informed the Exchange about Transcript

TCS posted Q4 FY26 revenue of $7.62 billion, up 1.5% sequentially (1.2% in constant currency), marking the third straight quarter of sequential growth. Operating margin for the quarter was 25.3% (+10 bps QoQ), while full-year operating margin came in at 25%, a 4-year high, with revenue declining 2.4% in CC for the year. The company booked $12 billion in TCV in Q4 (three mega deals) and $40.7 billion for the full year. AI-related revenue is now annualised at $2.3 billion, and the HyperVault AI infrastructure business is progressing with 1 GW capacity plans, including a 100 MW deal with OpenAI. The Board recommended a final dividend of ₹31 per share, taking the FY26 total to ₹110. Management is positive on FY27, expects a stronger first half, and is guiding margins gradually toward 26% over the long term, while flagging a 150-200 bps wage hike headwind in Q1.