New Delhi, April 10 -- For IT giant Tata Consultancy Services Ltd (TCS), the March quarter (Q4FY26) marked the third straight quarter of sequential revenue growth. Sequential constant currency (CC) revenue rose 1.2%, slightly above Bloomberg's 1% estimate.

Growth was broad-based across key geographies and segments, except BFSI (banking, financial services and insurance) and CMT (communication, media and technology).

Even so, investor sentiment remains fragile. Fears of AI-led deflation, the recent new product launch by Anthropic, and geopolitical tensions have weighed on IT stocks. TCS shares slipped another 3% on NSE in early trade on Friday.

TCS exited FY26 with CC revenue down 2.4% year-on-year, reflecting muted international busine...