Tata Consultancy Services (TCS) reports steady growth in its first quarter of FY27 ended June 30, 2026, with net profit rising around 4.6–4.7% year-on-year to about ₹13,349–₹13,420 crore. Revenue from operations increases about 13.9–14% year-on-year to roughly ₹72,275 crore, with reported sequential gains of around 2.2% for revenue. Multiple outlets also note a modest decline in sequential net profit, attributed to a one-time legal settlement charge of ₹668 crore related to a Computer Sciences Corporation (CSC) claim. TCS announces an interim dividend of ₹12 per equity share, with a stated record date of July 15, 2026 and payment on July 31, 2026. On growth themes, the company says annualised AI revenue reaches about $2.6 billion in the quarter, with sequential AI revenue growth cited at about 13.6%. TCS also highlights hiring during the quarter, adding 9,000–9,729 employees to take workforce to 593,798, while voluntary attrition is reported at 13.6%. Investors react positively to the results, with analysts focusing on deal wins and AI demand.
TCS reports Q1 FY27 net profit growth; AI revenue tops $2.6 billion
Tata Consultancy Services (TCS) reports steady growth in its first quarter of FY27 ended June 30, 2026, with net profit rising around 4.6–4.7% year-on-year to about ₹13,349–₹13,420 crore. Revenue from...
- TCS’s Q1 FY27 net profit rises about 4.6–4.7% year-on-year to roughly ₹13,349–₹13,420 crore.
- Q1 FY27 revenue increases about 13.9–14% year-on-year to around ₹72,275 crore.
- The company declares an interim dividend of ₹12 per equity share; record date is reported as July 15, 2026 and payment on July 31, 2026.
- Annualised AI revenue is reported at about $2.6 billion in Q1 FY27, with sequential AI revenue growth cited at 13.6%.
- TCS adds about 9,000–9,729 employees in the quarter, taking headcount to 593,798; voluntary attrition is reported at 13.6%.
TCS shares rose for a second straight session on Monday after the IT major reported a 5% YoY rise in Q1 FY27 net profit and announced an interim dividend of Rs 12 per share. Brokerages remain divided, with target prices implying both downside risk and upside potential of up to 45%.
2 months agoTCS reported a 4.61 per cent Y-o-Y increase in its net profit to ₹13,349 crore for Q1 FY27. Its revenue jumped by 13.9 per cent Y-o-Y to ₹72,275 crore.
2 months agoTCS reported constant-currency revenue growth of 0.4% quarter-on-quarter and 3.2% year-on-year during the June quarter.
2 months agoTCS reported June-quarter revenue of $7.6 billion, showing a modest year-on-year increase. The company added over nine thousand employees, marking significant workforce expansion. Consolidated net profit saw a sequential decline after a one-time legal charge. Operating margins decreased due to annual wage hikes, with a goal to return to twenty-five percent. TCS expects AI to evolve jobs rather than eliminate them, creating new roles.
2 months agoAnnualized AI revenue at US$ 2.6 billion in Q1FY27, grew 13.6% QoQ
3 months 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
3 months 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.
3 months 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.
3 months 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.
3 months 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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