India’s largest IT services company, Tata Consultancy Services (TCS), has announced its financial results for the first quarter (April-June) of FY2026-27.
The company reported steady growth in both profit and revenue despite global economic challenges.
TCS posted a net profit of ₹13,349 crore, up 4.61% from ₹12,760 crore reported in the same quarter last year. The company’s revenue also grew nearly 14% year-on-year, reaching ₹72,275 crore.
TCS Declares ₹12 Interim Dividend
Along with its quarterly results, TCS announced an interim dividend of ₹12 per share for shareholders.
The company has fixed July 15, 2026, as the record date, while the dividend will be paid on July 31, 2026.
Despite the strong results, TCS shares ended Thursday’s trading session 0.52% lower at ₹2,047.75.
Employee Count and AI Business Continue to Grow
TCS added more than 9,200 employees during the April-June quarter. As of June 30, 2026, the company’s total workforce stood at 5,93,798 employees.
The company also reported strong growth in its AI business. Annual AI revenue reached $2.6 billion, up 13.6% compared to the previous quarter.
During the quarter, TCS signed several major AI-focused deals. These included an $800 million AI-driven business transformation contract with SKF and strategic partnerships with ServiceNow, Anthropic,
and Mistral.
The company’s total contract value (TCV) for the quarter reached $9.5 billion, driven by large transformation projects across multiple industries.
Management Remains Positive
TCS CEO and Managing Director K. Krithivasan said the company’s performance shows its strong growth momentum and strategic position despite geopolitical and macroeconomic uncertainties.
Chief HR Officer Sudeep Kunnummal said TCS completed annual salary hikes for employees worldwide during the quarter. The company also updated its salary structure to align with India’s new labour code.
He added that TCS will continue investing in AI infrastructure and next-generation skill development programs while creating a workplace where employees feel safe, respected, and empowered.
