TCS Q4 Results Live Updates: Mgmt sees margins between 26-28%; to decide on wage hikes

TCS Q4 Results Live Updates: Tata Group giant Tata Consultancy Services reported its March quarter results on Thursday, April 10, where its net profit and revenue were below street expectations. Revenue in US Dollar terms declined by 1% on a sequential basis, while the street was working with a 0.8% drop. The company's EBIT also missed estimates, while margins were below expectations by 60 basis points to 24.2% instead of the 24.8% estimate. The company has won deals worth $12.2 billion during the quarter and the board has also approved a final dividend of ₹30 per share. Watch all the live updates here.

TCS Q4 Results Live Updates: Tata Group giant Tata Consultancy Services reported its March quarter results on Thursday, April 10, where its net profit and revenue were below street expectations. Revenue in US Dollar terms declined by 1% on a sequential basis, while the street was working with a 0.8% drop. The company's EBIT also missed estimates, while margins were below expectations by 60 basis points to 24.2% instead of the 24.8% estimate. The company has won deals worth $12.2 billion during the quarter and the board has also approved a final dividend of ₹30 per share. TCS was downgraded to "hold" by Jefferies just a day before its results, with a significant cut to its price target as well. The management's commentary on the situation on ground, particularly in the US, and its outlook for FY26 will be keenly watched by the street. Watch this space to get all the Live updates.