# Q4’s performance of 1.2% QoQ CC growth was largely in line with our estimates.

*business · news · 2026-04-10 · Moneycontrol*

## Key points

- TCS's AI revenue reached USD 2.3 billion, up 27.8% QoQ, now 7.7% of total revenue.
- Geopolitical conflicts are delaying decisions in key verticals, especially BFSI, impacting growth outlook.
- Deal TCV growth was weak at 3.6% YoY despite five mega deals in FY26.
- Revenue estimates for FY27E are trimmed by 40bps, with expected CC growth of 4.5%.

**Companies:** Tata Consultancy Services

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/stocks/buy-tata-consultancy-services-target-of-rs-3450-prabhudas-lilladher-13885283.html)

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