TCS Beats Q4 Revenue Estimates

Tata Consultancy Services reported stronger-than-expected fourth-quarter results, driven by solid demand in its North American market. The company posted a 9.7% rise in consolidated revenue to ₹706.98 billion, surpassing analyst estimates, while net profit grew 12.2% to ₹137.18 billion, also slightly ahead of expectations.

As the first major Indian IT firm to announce quarterly earnings, TCS set the tone for peers like Infosys, HCLTech, and Wipro, which are due to report later this month. Analysts noted that a weaker rupee likely supported earnings, as most revenues are earned in foreign currencies while costs remain largely in rupees.

The company also highlighted strong growth in artificial intelligence-related business, with annualised AI revenue crossing $2.3 billion in the quarter. CEO K Krithivasan said that despite ongoing macroeconomic challenges, client demand for technology investments remains steady, positioning the firm for future growth.

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