India’s largest IT services company, Tata Consultancy Services (TCS), has announced its financial results for the first quarter (April-June) of FY 2026-27.
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 in the same quarter last year. The company’s revenue also increased by nearly 14% year-on-year to ₹72,275 crore.
TCS Announces ₹12 Interim Dividend
Along with the quarterly results, TCS declared an interim dividend of ₹12 per share for its shareholders.
The record date for the dividend is July 15, 2026, while the payment date is July 31, 2026.
Despite the positive 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 Artificial Intelligence (AI) business. Annual AI revenue reached $2.6 billion, marking a 13.6% increase compared to the previous quarter.
During the quarter, TCS secured several major AI-related deals, including an $800 million AI-led business transformation contract with SKF.
The company also expanded its strategic partnerships with ServiceNow, Anthropic, and Mistral.
Thanks to large transformation projects across different industries, TCS recorded a Total Contract Value (TCV) of $9.5 billion during the quarter.
Management Confident About Future Growth
TCS CEO and Managing Director K. Krithivasan said the company’s performance shows the strength of its business despite geopolitical and global economic challenges.
He added that TCS continues to maintain strong growth and a solid strategic position.
Chief HR Officer Sudeep Kunnummal said the company completed annual salary hikes for employees worldwide during the quarter. TCS also updated its salary structure to align with India’s new labour code.
He added that the company will continue investing in AI infrastructure and next-generation skill development platforms to prepare employees for the future while creating a safe, respectful, and inclusive workplace.