Tata Consultancy Services (TCS) is all set to kick off the IT earnings season with its Q4 FY26 results on April 9, 2026. Investors are closely watching not just earnings, but also updates on AI business growth, deal wins, and final dividend announcement.
📊 Revenue Expectations
TCS is expected to report modest growth in revenue during the March quarter:
- QoQ growth: 2% to 4%
- YoY growth: 7% to 8%
- Estimated revenue: ₹69,100 – ₹69,850 crore
Growth is likely supported by:
- Strong deal wins
- Favorable rupee depreciation
💰 Profit Outlook
On the profitability side, TCS may show steady improvement:
- Net profit growth: 4%–5% QoQ
- YoY growth: 12%–13%
- Expected profit: ₹13,790 – ₹13,910 crore
Margins are expected to remain stable at around 25%, supported by currency benefits.
🤖 AI Business & Data Centre Focus
One of the biggest focus areas this quarter will be:
- Growth in Artificial Intelligence (AI) services
- Progress on data centre investments
Investors want clarity on how AI is impacting TCS’s long-term growth strategy.
📈 Deal Wins & Market Factors
- Expected deal wins: $7–9 billion
- Global factors like Middle East tensions may impact outlook
- IT spending trends will be closely monitored
💸 Dividend Watch
TCS is also expected to announce a final dividend, which remains a key attraction for long-term investors.
📉 Stock Performance & Technical View
Currently, TCS stock is trading around ₹2,565, slightly higher ahead of results.
📊 Technical signals:
- Stock remains in a downtrend (below key EMAs)
- Strong support: ₹2,350
- Resistance level: ₹2,560
👉 Break above ₹2,560 could push the stock towards ₹2,750
👉 Fall below ₹2,350 may resume bearish trend
⚡ Options Market Insight
- Expected movement: ±6.5%
- Strong support at: ₹2,400 (Put writing)
- Resistance at: ₹2,600 (Call writing)
Traders are preparing for volatility around results.
🎯 Final Take
TCS Q4 results are expected to show steady but not explosive growth. The real focus will be on:
- AI business momentum
- Deal pipeline
- Management commentary
- Dividend announcement
This earnings report could set the tone for the entire IT sector.
