Tata Consultancy Services (TCS) on Friday reported a 5% year-on-year increase in consolidated net profit for the June quarter, reaching ₹12,500 crore, surpassing market expectations. The IT major's revenue from operations grew 8% to ₹65,000 crore, driven by strong demand in North America and Europe.
Interim Dividend Announcement
The board of directors declared an interim dividend of ₹10 per equity share for the financial year 2026-27. The record date for the dividend has been fixed as July 20, 2026, with payment scheduled on August 5, 2026. This marks the 15th consecutive year of dividend payouts by the company.
According to TCS Chief Financial Officer Samir Seksaria, “Our disciplined cost management and focus on high-margin digital services have enabled us to deliver consistent profitability. The dividend reflects our commitment to shareholder returns.”
Segment Performance
The BFSI (banking, financial services, and insurance) vertical grew 9% year-on-year, contributing 32% of total revenue. The retail and consumer goods segment saw a 7% growth, while the manufacturing sector expanded by 6%. The company added 12,000 employees during the quarter, taking the total headcount to 6,20,000.
TCS also reported a 12% increase in deal wins, with total contract value (TCV) at $9.5 billion. Major deals included a $1.2 billion transformation project with a UK-based insurer and a $800 million cloud migration deal with a US healthcare provider.
Outlook and Market Reaction
Managing Director and CEO K Krithivasan said, “We remain optimistic about the demand environment, particularly in cloud, AI, and cybersecurity. Our pipeline is robust, and we are investing in talent and innovation.”
Shares of TCS closed 1.2% higher at ₹3,850 on the BSE ahead of the results. The stock has gained 8% in the last three months, outperforming the Nifty IT index.
