Tata Consultancy Services Limited reported consolidated financial results for the quarter ended June 30, 2026, with revenue of Rs 72,275 crore, reflecting growth of 2.2% quarter-on-quarter and 13.9% year-on-year in Rs terms.
Operating margin stood at 24.0% and net income was Rs 13,849 crore, up 8.5% year-on-year, yielding a net margin of 19.2%. Net cash from operations was Rs 12,412 crore, representing 93% of net income. The board declared a dividend of Rs 12 per share with a record date of July 15, 2026, and payment date of July 31, 2026.
Total Contract Value for the quarter reached US$ 9.5 billion. TCS won an US$ 800 million AI-led business transformation deal with SKF, along with multi-million dollar strategic partnerships with ServiceNow and a Europe-based Fortune Global 50 firm for employee experience transformation using an Agentic AI operating model.
Annualised AI revenue reached US$ 2.6 billion in Q1FY27, up 13.6% quarter-on-quarter. TCS also announced global strategic partnerships with Anthropic and Mistral, becoming the first global systems integrator partner for Mistral Forge. The workforce strength stood at 593,798, with LTM attrition at 13.6%.
Segment-wise, BFSI grew 1.6% QoQ in constant currency, Technology & Services grew 1.7%, and Regional Markets & Others grew 4.0%. Among geographies, India grew 7.6% QoQ in constant currency, Asia Pacific grew 1.4%, and Continental Europe grew 4.3% year-on-year in constant currency.
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