TCS - TCS

TCS has successfully implemented Release 1 of the CHESS replacement program for the Australian Securities Exchange (ASX), focusing on cash clearing and settlement. The solution utilizes TCS BaNCS and Quartz platforms, which are benchmarked to process over 20 million trades per day. This milestone reinforces TCS's leadership in the global BFSI product space and marks a significant step in Australia's financial infrastructure modernization. Work has already commenced for Release 2, which is targeted for a 2029 go-live.

• Successful go-live of CHESS Release 1 for ASX using TCS BaNCS and Quartz solutions
• System benchmarked to process more than 20 million trades per day on a cloud-hosted platform
• TCS serves most of the top 10 listed companies in Australia with over 35 years of regional presence
• Release 2 of the CHESS Replacement Program is underway with a target go-live of 2029
• TCS reported consolidated revenues exceeding $30 billion for the fiscal year ended March 31, 2026

TCS has signed two MoUs with Siemens Energy AG and Siemens Energy India Limited to accelerate AI-led industrial transformation and digital infrastructure. A key component of the deal involves Siemens Energy India supporting TCS's 'HyperVault' AI data center business to manage complex energy demands. This collaboration builds on a 20-year relationship and focuses on industrial autonomy, digital twins, and predictive analytics. TCS reported consolidated revenues exceeding $30 billion for the fiscal year ending March 31, 2026.

• Signed two MoUs with Siemens Energy AG and Siemens Energy India Limited for AI and industrial transformation.
• Siemens Energy India to support TCS's 'HyperVault' AI data center business with power and grid technologies.
• Focuses on industrial autonomy solutions including digital twins, predictive analytics, and smart manufacturing.
• TCS reported consolidated revenues of over $30 billion for the fiscal year ended March 31, 2026.
• Partnership leverages an existing 20-year relationship to scale AI from prototyping to enterprise-wide value.

TCS has launched a strategic talent development program in the US called 'My First AI Job' in partnership with the University of Cincinnati and Salesforce. The program offers a three-month curriculum and paid work experience to final-year students, creating a direct recruitment pipeline for AI-ready roles. This initiative aligns with TCS's goal to become a global leader in AI-led services and follows its recent acquisitions of Coastal Cloud and ListEngage. With FY2026 revenues exceeding $30 billion, TCS is focusing on local talent development to drive innovation in its largest market, North America.

• Collaboration with University of Cincinnati and Salesforce to provide AI skills certification and paid co-op opportunities.
• Program includes an intensive 3-month curriculum designed to bridge the gap between academic learning and industry readiness.
• Strategic focus on the US market, leveraging the new Salesforce Center of Excellence in Milford, Ohio.
• TCS reported consolidated revenues of over $30 billion for the fiscal year ended March 31, 2026.
• Initiative supports long-term cost and time efficiencies by integrating pre-trained, industry-ready talent into client projects.

TCS reported a resilient Q4 FY26 with a sequential constant currency growth of 1.2% and a robust order book of $12 billion. For the full year FY26, operating margins reached a four-year high of 25%, despite a 2.4% decline in constant currency revenue. The company demonstrated strong momentum in AI services, reaching an annualized revenue of $2.3 billion, and added 4 clients to the $100 million+ bracket. A final dividend of ₹31 per share was recommended, bringing the total yearly payout to ₹110 per share.

• Q4 FY26 revenue stood at ₹70,698 crore with an operating margin of 25.3%, up 10 bps sequentially.
• Strong deal pipeline with Q4 TCV of $12 billion and full-year TCV of $40.7 billion.
• AI services momentum accelerated to an annualized revenue of $2.3 billion.
• Client base expanded with $100M+ accounts rising to 66 and $50M+ accounts reaching 139.
• Total dividend for FY26 declared at ₹110 per share, including a ₹31 final dividend.

Tata Consultancy Services (TCS) has announced a multi-year renewal of its strategic partnership with UK retail giant Marks & Spencer (M&S), extending a relationship that has spanned over a decade. The collaboration will focus on modernizing legacy platforms and embedding AI across M&S's operations to facilitate a data-driven, omnichannel retail experience. This renewal comes on the heels of TCS reporting consolidated revenues exceeding $30 billion for the fiscal year ended March 31, 2026. The deal reinforces TCS's dominant position in the retail vertical and its ability to secure large-scale digital transformation contracts.

• Renewal of a decade-long strategic partnership with Marks & Spencer for multi-year technology transformation.
• Scope includes simplifying technology foundations, modernizing legacy platforms, and embedding enterprise-scale AI.
• TCS generated consolidated revenues of over $30 billion in the fiscal year ended March 31, 2026.
• The partnership utilizes TCS's extensive AI talent pool to drive M&S's omnichannel retail strategy.

Tata Consultancy Services (TCS) has recommended a final dividend of Rs 31 per equity share for the financial year ended March 31, 2026. The announcement was made following the Board meeting on April 9, 2026, where the audited financial results were also approved. This dividend is subject to shareholder approval at the upcoming 31st Annual General Meeting. Once approved, the payment will be processed within three days of the conclusion of the AGM.

• Recommended a final dividend of Rs 31 per equity share with a face value of Re 1 each
• Board approved audited standalone and consolidated financial results for the year ended March 31, 2026
• Statutory auditors B S R & Co. LLP issued an audit report with an unmodified opinion
• Dividend payment to be made on the third day from the conclusion of the 31st Annual General Meeting

TCS reported a strong finish to FY26 with Q4 revenue of ₹70,698 crore, marking a 5.4% sequential growth. The company achieved its highest operating margins in four years at 25%, while full-year TCV reached a robust $40.7 billion. Notably, annualized AI-led revenue has crossed the $2.3 billion mark, signaling successful monetization of GenAI. A final dividend of ₹31 per share has been proposed, bringing the total shareholder payout for the year to ₹39,571 crore.

• FY26 Revenue stood at ₹267,021 crore, up 4.6% YoY, with Q4 revenue growing 5.4% QoQ.
• Operating margin expanded by 70 bps YoY to 25%, the highest in the last four years.
• Order book (TCV) for Q4 reached $12 billion, contributing to a full-year total of $40.7 billion.
• Annualized AI revenue surpassed $2.3 billion in Q4FY26, driven by strategic partnerships with OpenAI and NVIDIA.
• Proposed a final dividend of ₹31 per share; total FY26 shareholder payout reached ₹39,571 crore.

Tata Consultancy Services (TCS) has announced its audited financial results for the fiscal year ended March 31, 2026. The Board of Directors has recommended a final dividend of ₹31 per equity share of ₹1 face value, subject to shareholder approval. The statutory auditors, B S R & Co. LLP, have issued a clean audit report with an unmodified opinion on both standalone and consolidated statements. This payout will be processed within three days following the conclusion of the company's 31st Annual General Meeting.

• Recommended a final dividend of ₹31 per equity share for the financial year 2025-26
• Audited financial results for the full year ended March 31, 2026, approved by the Board
• Statutory auditors issued an unmodified opinion, indicating no major accounting discrepancies
• Dividend payment scheduled to commence within three days of the 31st AGM approval

TCS has renewed its decade-long partnership with Swissport, a global leader in aviation services, for an additional five years. The collaboration will focus on scaling AI-enabled services, data platforms, and hybrid cloud operations across Swissport’s global network of 300 airports. This renewal underscores TCS's strong client retention and its ability to transition long-term partners toward AI-led operational models. Swissport, which serves 250 million passengers annually, recognized TCS as its Innovation Partner of the Year 2025.

• 5-year extension of a decade-long partnership with Swissport International.
• Project covers digital innovation across 300 airports in 45 countries.
• Focus on AI-enabled services, data platforms, and hybrid cloud operations.
• Swissport handles 250 million passengers and 5 million tonnes of air freight annually.
• TCS reported consolidated revenues of over US $30 billion for the fiscal year ended March 31, 2025.

Tata Consultancy Services (TCS) has entered a global strategic partnership with Amadeus to modernize the travel ecosystem through AI and cloud-enabled innovation. TCS will develop the Service Center User Interface for Amadeus Nevio, a cloud-native SaaS platform designed to transform airline retailing and servicing. This collaboration aims to improve operational agility, reduce handling times, and unlock new revenue opportunities for airlines globally. The move leverages TCS's deep domain expertise in travel and its scale, having reported over $30 billion in revenue for FY2025.

• TCS to develop the Service Center User Interface as a core product for the next-generation Amadeus Nevio platform.
• Partnership focuses on AI-led, cloud-native SaaS solutions to enhance traveler experiences and airline efficiency.
• Collaboration aims to lower cost-to-serve and improve first contact resolution through AI-enabled workflows.
• TCS reported consolidated revenues exceeding US $30 billion for the fiscal year ended March 31, 2025.
• Strategic alliance extends across airlines, airports, hospitality, and payment sectors within the travel ecosystem.

TCS has entered into a multi-year integrated partnership with Pearson to provide AI-powered learning and assessment solutions to global enterprises. The collaboration integrates Pearson’s expertise with the TCS iON digital platform to bridge skill gaps and enhance workforce productivity. TCS will also adopt Pearson’s Versant English assessment for its own hiring and development programs. This strategic move follows TCS reporting consolidated revenues of over $30 billion for the fiscal year ended March 31, 2025.

• Multi-year partnership to co-develop AI-led learning products and services for global enterprises.
• Integration of Pearson’s assessment solutions into the TCS iON platform for end-to-end talent architecture.
• TCS to utilize Pearson’s Versant English proficiency assessment in its own global hiring and workforce development.
• Partnership targets the AI-driven economic shift, with AI collaboration projected to add $4.8T to $6.6T to the US economy by 2034.
• TCS continues its push to become the world's largest AI-led technology services company following $30B+ FY25 revenue.

TCS has launched the 'Rapid Outcome AI' platform in collaboration with NVIDIA to accelerate the transition of AI from experimentation to production. The platform integrates NVIDIA's full-stack AI infrastructure, including NIM microservices and Omniverse, to provide industry-specific blueprints for sectors like banking and manufacturing. This strategic launch supports TCS's goal of becoming a global leader in AI-led services, building on its $30 billion revenue base from FY25. The collaboration aims to deliver tangible business outcomes through operational intelligence and persona-based AI assistants.

• New platform leverages NVIDIA AI infrastructure and NIM microservices for scalable enterprise deployment.
• Targets high-growth sectors including manufacturing, telecom, banking, retail, and life sciences.
• Utilizes NVIDIA Omniverse for digital twins and NVIDIA Metropolis for vision AI and industrial autonomy.
• Aligns with TCS's strategic goal to lead the AI services market following $30 billion revenue in FY25.

TCS has finalized a deal where TPG Terabyte invested ₹199.36 crore into its subsidiary, HyperVault AI Data Center Limited. Consequently, TPG now holds a 49% stake, and HyperVault is no longer a wholly-owned subsidiary of TCS. HyperVault was recently incorporated in October 2025 and has a net worth of ₹208.38 crore, representing 0.18% of TCS's consolidated net worth. This partnership with a global asset manager like TPG signals a strategic push into AI-focused data center infrastructure.

• TPG Terabyte invested ₹199.36 crore for a 49% stake in HyperVault AI Data Center Limited
• HyperVault ceases to be a wholly-owned subsidiary of TCS effective March 9, 2026
• The investment includes equity shares and two classes of Compulsory Convertible Preference Shares
• HyperVault's net worth of ₹208.38 crore accounts for 0.18% of TCS's consolidated net worth
• TPG is a global alternative asset management firm with $303 billion in assets under management