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TCS Posts $1.8B Annualised AI Revenue
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India’s TCS and HCLTech reported strong AI revenue in Q3 FY26, with TCS disclosing $1.8 billion in annualised AI revenue (up 17.3% quarter-on-quarter in constant currency) and HCLTech reporting $146 million in ‘Advanced AI’ revenue (up nearly 20% sequentially). The firms use different revenue definitions—TCS includes AI across services while HCLTech limits scope to agentic and product-led offerings—highlighting AI’s growing impact on deals and hiring.
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