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TCS Q4 results 2026 preview and expectations: Tata Consultancy Services Ltd (TCS), India’s largest IT services company, is all set to announce its Q4 FY26 earnings report tomorrow (April 9). Along with the quarterly results, the IT services major might also declare a dividend for its shareholders. The company informed this through an exchange filing last month on March 23.
TCS is likely to post a robust performance in the January-March quarter. The tech giant is poised for a steady quarter-on-quarter (QoQ) performance, signalling a strong recovery from a seasonally weak third quarter due to holidays. Worth mentioning, this is the first quarter of the company following an AI-led crash that started earlier in February this year, and continues to weigh on IT stocks.
TCS Q4 results 2026 date and time
“…we hereby inform you that a meeting of the Board of Directors of Tata Consultancy Services Limited is scheduled to be held on Thursday, April 9, 2026, inter alia to: i. approve and take on record the audited standalone financial results of the Company under Indian Accounting Standards (Ind AS) for the financial year ending March 31, 2026; ii. approve and take on record the audited consolidated financial results of the Company and its subsidiaries under Ind AS for the financial year ending March 31, 2026,” the IT company had said in the filing.
TCS had declared its third-quarter earnings for the financial year 2025-26 at around 3.50 pm on January 12, 2026. Therefore, it is expected that the IT firm might release its fourth quarter results of FY26 at around the same time on Thursday, April 9, 2026.
TCS, in the regulatory filing, said that in the scheduled board meeting on Thursday, April 9, 2026, it might also consider the declaration of a final interim dividend to the equity shareholders.
“…recommend a final dividend, if any, on the equity shares of the Company for the financial year ending March 31, 2026, for the approval of the shareholders at the ensuing 31st Annual General Meeting,” TCS added in the filing.
TCS Q4 Results FY 2026 preview and expectations: Quarter-on-quarter performance
TCS is expected to post muted but stable numbers in Q4 FY26. Consolidated PAT (profit after tax) is expected to rise 1 per cent quarter-on-quarter at Rs 13,568 crore in the first quarter of the financial year 2026-27 against Rs 13,438 crore posted in the previous quarter.
Consolidated Earnings Before Interest and Taxes (EBIT) is likely to increase 3.7 per cent QoQ at Rs 17,519 crore in Q4 FY26 versus Rs 16,889 crore posted in the preceding quarter.
EBIT margin is seen at 25.4 per cent in the January-March quarter vs 25.2 per cent in Q3 FY26, an increase of 20 bps.
Rupee revenue is expected to report a growth of 3.6 per cent QoQ at Rs 69,531 crore in Q4 FY26 against Rs 67,087 crore reported in the previous quarter.
Dollar Revenue is seen to increase 1.6 per cent QoQ at US$ 7,631 million in Q4 FY26 against US$ 7,509 million in Q3 FY26. CC growth is seen at 1.2 per cent QoQ.
TCS Q4 Results FY 2026 preview
| Rs in crore | Q4 FY26 Expectations | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 |
| Revenue | Rs 68899 | Rs 67087 | Rs 65799 | Rs 63437 | Rs 64479 |
| EBIT | Rs 17519 | Rs 16889 | Rs 16565 | Rs 15514 | Rs 15601 |
| EBIT Margin | 25.43% | 25.17% | 25.18% | 24.46% | 24.20% |
| PAT | Rs 13568 | Rs 13438 | Rs 12131 | Rs 12819 | Rs 12293 |
TCS Q4 Results FY 2026 Expectations
- Q4 growth is likely to improve, as Q3 was seasonally weak due to holidays
- Execution of strong deal wins (Q3 TCV ~$9.3bn) to support revenue visibility
- Margins to remain resilient as productivity and utilisation gains
- No wage hike impact in the quarter; margin levers largely operational
- AI-led demand momentum to sustain, with gradual conversion into revenues.
TCS Q4 FY26: Key Monitorables
- Expect to achieve order booking in the $7-9Bn range in the quarter
- Deal pipeline strength and large deal conversion velocity
- Outlook on BFSI vertical and North America growth
- Sustainability and scale-up of GenAI / AI revenue
- Progress on margin expansion towards 26% band
- Mgmt commentary on FY27 demand outlook and recovery trajectory
- Update on large deals (incl. BSNL) ramp-up
- Trends in hiring, utilisation and attrition
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
