Tata Consultancy Services Limited — Investor Meet, 14-04-2026: Analysts/Institutional Investor Meet/Con. Call Updates

TCS reported strong Q4 FY26 results with ₹70,698 Cr revenue (up 1.2% CC QoQ) and a robust $12 billion TCV, including three mega deals. Operating margin stood at 25.3%, with a full-year high of 25%. AI Services reached an annualized US$2.3 billion. HyperVault's 1 GW capacity build-out is progressing with partners like OpenAI. Management sees stability returning, with healthy client additions. They are positive about FY27, expecting stronger H1 growth. While wage hikes will impact margins, strategic investments continue, balancing growth with profitability for long-term value creation.