THEBUSINESSBYTES BUREAU

MUMBAI, APRIL 9, 2026

Tata Consultancy Services (TCS), the country’s largest IT services company, on Thursday reported a 12.22 per cent jump in its net profit for the March quarter at Rs 13,718 crore, reflecting strong deal momentum and sustained demand for technology-led transformation.

The Tata Group company had posted a net profit of Rs 12,224 crore in the January–March period last year and Rs 10,657 crore in the preceding December quarter, indicating steady sequential growth.

For the full fiscal year 2025-26, TCS’ profit after tax (PAT) rose 1.35 per cent to Rs 49,210 crore, compared with Rs 48,553 crore in FY25.

Revenue from operations in the reporting quarter grew 9.64 per cent to Rs 70,698 crore from Rs 64,479 crore in the year-ago period. For the full fiscal, revenue increased 4.58 per cent to Rs 2.67 lakh crore, highlighting resilient business performance amid global macro-economic uncertainties.

The company also reported an improvement in operating profitability, with operating margin expanding to 25.3 per cent in the March quarter from 24.2 per cent in the corresponding period last year.

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.”

On the workforce front, the company added 2,356 employees in the fourth quarter, taking its total headcount to 5,84,519 as on March 31, 2026. This marks the first quarter of net addition after two consecutive quarters of decline. However, the overall employee base fell by 23,460 during FY26, a year in which the company initiated an exercise to cut 12,000 jobs amid evolving technology requirements.

During the quarter, TCS secured new deals worth USD 12 billion, led by North America at USD 5.4 billion and the banking, financial services and insurance segment contributing USD 2.8 billion.

Voluntary attrition stood at 13.7 per cent at the end of the quarter. The company’s Chief Human Resources Officer Sudeep Kunnumal indicated that salary hikes across the organisation will be implemented from April 1 onwards.

The board has also proposed a final dividend of Rs 31 per share, subject to shareholder approval at the annual general meeting.