Tata Consultancy Services (TCS), a leading Indian IT services company, reported a 12.12% year-on-year increase in its consolidated net profit for the fourth quarter of the financial year 2026 (Q4FY26), amounting to ₹13,784 crore ($1.66 billion USD). This growth was driven by favorable macro-economic conditions and significant developments in artificial intelligence (AI). Revenue from operations also saw a 9% increase, rising to ₹71,455 crore ($8.6 billion USD) compared to ₹65,507 crore ($7.9 billion USD) in the same quarter last year. The company announced a final dividend of ₹31 per share, contributing to a total shareholder payout of ₹39,571 crore ($4.8 billion USD) for FY26, with 71% of this payout directed to promoters Tata Sons. TCS's annualized AI revenues surpassed $2.3 billion, reflecting the accelerated deployment of AI solutions. CEO K Krithivasan noted that the growth was supported by three major deals and a total contract value (TCV) of $12 billion. The company's operating margin for FY26 reached 25%, marking a 70 basis points improvement year-on-year. TCS also announced annual salary increases effective April 1 and emphasized its commitment to building an AI-first culture within its workforce.