News

TCS Q1FY26 results: IT behemoth Tata Consultancy Services (TCS) , after market hours on Thursday announced its April-June quarter results. For the reporting quarter, the company reported a mixed set of earnings, however, on the operational front, the IT major lagged.

K Krithivasan, Chief Executive Officer and Managing Director, said “The continued global macro-economic and geo-political uncertainties caused a demand contraction. On the positive side, all the new services grew well. We saw robust deal closures during this quarter. We remain closely connected to our customers to help them navigate the challenges impacting their business, through cost optimization, vendor consolidation and AI-led business transformation”.

Here are the top highlights that need a close watch

For the review quarter, the company's consolidated net profit soared over 4 per cent sequentially from Rs 12,224 crore in the March quarter to Rs 12,760 crore in the June quarter.

Zee Business research estimated the consolidated profit of Rs 12,214 crore.

Consolidated revenue at the company declined 1.62 per cent sequentially to Rs 63,437 crore. In the previous March quarter, the company's consolidated revenue was at Rs 64,479 crore.

On the operational front, the company's EBIT or earnings before interest and taxes (EBIT) was lower sequentially at Rs 15,514 crore as against estimates of Rs 15,749 crore. EBIT margin, however, came in higher at 24.4 per cent versus 24.1 per cent.  This marks a 0.3 per cent or 30 basis points rise in the margin.

Mumbai-based IT company's contract value declined to US$9.4 billion. The quarter was also marked by a robust Order Book and operational resilience, said the company in its filing with the exchanges. 

The IT major announced an interim dividend of Rs 11 per share for the FY26 with the record date fixed at July 16, 2025.

As far as staffing is concerned, attrition at the company increased to 13.8 per cent in the June quarter as against 13.3 per cent in the March quarter. As of June 30, 2025, the company's total headcount was at 6.13 lakh. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.