TCS announces interim dividend of Rs 12 per share. Check record date

Tata Consultancy Services announced an interim dividend of Rs 12 per share for shareholders. The IT major reported a 5% year-on-year profit increase for the first quarter. Its revenue from operations also saw a significant 14% rise during the same...

Reuters
TCS dividend and Q1 results
Tata Consultancy Services (TCS) on Thursday declared an interim dividend of Rs 12 per share with a face value of Re 1 each, along with its results for the April-June quarter of FY26.

The IT bellwether said that its board of directors declared the dividend which will be paid by July 31 to the eligible shareholders. The record date to determine the eligibility of shareholders set to receive the payment has been fixed on July 15 (Wednesday).

This comes after TCS paid a dividend of Rs 31 in May, interim dividend of Rs 11 and special dividend of Rs 46 in January this year. The latest dividend announcement takes the company’s dividend payout so far this year to Rs 100 per share.


TCS has declared 95 dividends since October, 2004 and has a dividend yield of more than 5% at the current market price, according to data on Trendlyne.

TCS Q1 results

India's largest IT services company reported 5% year-on-year (YoY) growth in consolidated net profit at Rs 13,349 crore for the first quarter of the ongoing financial year 2027. The company’s consolidated net profit stood at Rs 12,760 crore in the corresponding quarter of the previous financial year.

The firm’s revenue from operations meanwhile rose around 14% YoY to Rs 72,275 crore during the quarter under review, as against Rs 63,437 crore in the year-ago period. Its total contract value in Q1 FY27 stood at $9.5 billion.
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“Q1 FY27 reflects continued growth momentum and the strength of our strategic positioning, despite geopolitical and macro-economic headwinds. We delivered a strong order book of $9.5 billion, including a marquee AI-led transformation deal with SKF, while continuing to add clients across key revenue bands and scaling our AI business to a $2.6 billion annualized revenue run rate. As customers accelerate investments in AI, modernization, cybersecurity, sovereign cloud and platform simplification, our strong deal conversion, improving client mining and expanding ecosystem partnerships position TCS well to translate opportunity into sustained growth,” said TCS CEO K Krithivasan.

Also read: TCS Q1 Results: Profit rises 5% YoY to Rs 13,349 crore; co declares Rs 12/share dividend

TCS share price

TCS announced the earnings and dividend in the post market hours of Thursday, officially kick starting the earnings season for the IT pack. The shares of the company closed with marginal losses at Rs 2,049.50 apiece.

The stock has fallen more than 4% in one month and 36% in 2026 so far. In the longer term, the stock has delivered negative returns of 39% in one year, 38% in three years and 36% in five years.
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