India's news, as it happens

Live TV
Markets

TCS net profit rises 14.98 per cent to Rs 13,884 crore

The software services company reported an 11.78 per cent year-on-year increase in consolidated revenue for the quarter ended September 2026.

Tata Consultancy Services (TCS) reported a net profit of Rs 13,884 crore for the quarter ended September 2026, marking a 14.98 per cent increase from Rs 12,705 crore in the same quarter last year, according to The Indian Express.

The company's consolidated revenue rose to Rs 74,525 crore from Rs 66,666 crore in the year-ago period, representing an 11.78 per cent year-on-year rise. The operating margin was 24 per cent, while the net margin stood at 19 per cent.

Chief Executive Officer (CEO) and Managing Director K Krithivasan said the company saw broad-based growth in all international markets and most industry segments. He noted that the company announced two unique deals with Porsche and Best Buy.

Executive Director, President and COO Aarthi Subramanian said demand for AI-native solutions and AI-led transformation of enterprise systems continues to accelerate. The company reported annualised AI revenue at over $3 billion.

Chief Human Resources Officer Sudeep Kunnumal stated the employee base reached over 598,000, with attrition remaining stable at 13.3 per cent. Learning hours saw a 17 per cent sequential increase to 17.1 million.

The board declared a dividend per share of Rs 12, with the record date fixed as October 14, 2026. Tata Sons, which holds a 72 per cent stake in the company, will receive a lion's share of the dividend outgo.

Spotted a mistake? Tell us

More in Markets

All Markets news