Tata Consultancy Services (TCS) reports steady growth in its first quarter of FY27, with net profit rising about 4.6–4.7% year-on-year to roughly ₹13,349–₹13,420 crore, depending on the specific reported figure. Revenue from operations increases around 13.9–14% year-on-year to ₹72,275 crore, and total income rises on a sequential basis, though profit before tax declines quarter-on-quarter. The company also reports an exceptional charge of ₹668 crore related to the settlement of a legal claim involving Computer Sciences Corporation (CSC), which affects reported earnings. TCS declares an interim dividend of ₹12 per equity share, with a record date of July 15, 2026 and payment scheduled for July 31, 2026. On strategy and demand indicators, TCS says it has a strong order book, continues hiring during the June quarter, and reports annualised AI revenue of $2.6 billion, with a 13.6% sequential increase in AI-related revenue. Several outlets also note that TCS wins AI-focused contracts across IT operations and software engineering, supporting the AI revenue run-rate in the quarter.
TCS reports Q1 FY27 profit rise, revenue growth and AI revenue over $2.6 billion
Tata Consultancy Services (TCS) reports steady growth in its first quarter of FY27, with net profit rising about 4.6–4.7% year-on-year to roughly ₹13,349–₹13,420 crore, depending on the specific repor...
- TCS Q1 FY27 net profit rises year-on-year by about 4.6–4.7% to around ₹13,349–₹13,420 crore.
- Revenue from operations grows about 13.9–14% year-on-year to ₹72,275 crore.
- TCS reports an annualised AI revenue run rate of $2.6 billion, with a 13.6% sequential increase.
- The company declares an interim dividend of ₹12 per equity share, with record date July 15, 2026 and payment July 31, 2026.
- TCS records a one-time exceptional charge of ₹668 crore related to a legal settlement involving Computer Sciences Corporation (CSC).
Annualized AI revenue at US$ 2.6 billion in Q1FY27, grew 13.6% QoQ
3 hours agoTCS continued hiring during the June quarter, adding 9,729 employees to take its workforce to 593,798, with voluntary attrition at 13.6 per cent
7 hours agoMumbai: Tata Consultancy Services (TCS) reported audited consolidated results for the quarter ended June 30, 2026, showing steady business growth during the first quarter of FY27. Revenue from operations increased 14 percent year-on-year to Rs 72,275 crore from Rs 63,437 crore in the same quarter last year. Net profit rose 4.7 percent to Rs 13,420 crore from Rs 12,819 crore. Compared with the previous quarter, revenue increased 2.2 percent, while net profit declined 2.6 percent. The company also declared an interim dividend of Rs 12 per equity share.TCS Shares Down 2% Ahead Of Q1 Results As Investors Await AI, Demand Recovery OutlookSequential Performance And ExpensesOn a sequential basis, total income rose to Rs 73,843 crore from Rs 71,455 crore in the March quarter. Profit before tax, however, slipped 2.3 percent to Rs 17,944 crore from Rs 18,362 crore. Total expenses increased to Rs 55,231 crore from Rs 53,093 crore, mainly due to higher employee benefit expenses and other operating costs. Employee benefit expenses stood at Rs 42,137 crore during the quarter. Earnings per share came in at Rs 36.90 compared with Rs 37.92 in the previous quarter and Rs 35.27 a year ago.Legal Charge Affected ProfitThe company recorded an exceptional charge of Rs 668 crore during the quarter towards the settlement of a legal claim involving Computer Sciences Corporation (CSC). This charge reduced profit before tax for the quarter. Tata Consumer Products Q4 Profit Rises 22% To ₹424 Crore, Revenue Crosses ₹5,434 CroreExcluding this one-time expense, the company's operating performance remained supported by healthy revenue growth across business segments. Banking, Financial Services and Insurance remained the largest contributor, generating revenue of Rs 27,990 crore, followed by Consumer Business and Communication, Media and Technology.Dividend And Business UpdateThe TCS Board declared an interim dividend of Rs 12 per equity share. The record date for the dividend is July 15, 2026, while payment will be made on July 31, 2026. The company continued to record growth across most business segments during the quarter, reflecting stable demand despite the impact of the one-time legal settlement on reported earnings.Disclaimer: This report is based on the company's audited consolidated financial results filed with the stock exchanges and does not constitute investment advice.
8 hours agoA strong $9.5 billion order book, rising AI business and an $800 million SKF deal underscored TCS’s growth momentum in the first quarter.
8 hours agoTCS said its annualised AI revenue run rate reached $2.6 billion in the first quarter of FY27, reflecting a 13.6% sequential increase. The company added that it won multiple AI-focused contracts spanning IT operations, software engineering.
8 hours agoRevenue for the company grew 13.9 per cent in reported terms to Rs 72,275 crore from Rs 63,437 crore in Q1 FY26
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