Mumbai- Tata Consultancy Services (TCS) on Thursday reported a consolidated net profit of Rs 13,349 crore for the first quarter of FY27, registering a nearly 3 per cent decline on a sequential basis, even as the company posted healthy revenue growth and declared an interim dividend of Rs 12 per equity share.
The country’s largest IT services exporter had reported a net profit of Rs 13,718 crore in the January-March quarter (Q4 FY26). However, on a year-on-year basis, the company’s profit increased 5 per cent from Rs 12,760 crore recorded in the same quarter of the previous financial year.
Revenue from operations rose 14 per cent year-on-year to Rs 72,275 crore during the April-June quarter, compared with Rs 63,437 crore a year earlier. On a quarter-on-quarter basis, revenue also grew 2 per cent from Rs 70,698 crore.
The company’s board approved an interim dividend of Rs 12 per equity share. TCS has fixed July 15, 2026, as the record date to determine eligible shareholders, while the dividend will be paid on July 31, 2026.
Commenting on the quarterly performance, TCS Chief Executive Officer and Managing Director K. Krithivasan said the company continued to deliver steady growth despite global economic uncertainties and geopolitical challenges.
He said TCS secured a robust order book worth $9.5 billion during the quarter, including a major AI-led transformation deal with SKF. The company also continued to expand its client base across key segments, while its artificial intelligence business reached an annualised revenue run rate of $2.6 billion.
During the quarter, TCS reported an operating margin of 24 per cent and a net margin of 19.2 per cent. Net cash generated from operations stood at Rs 12,412 crore, representing 93 per cent of the company’s net income.
At the end of the June quarter, TCS had a total workforce of 593,798 employees. The company’s last twelve-month (LTM) attrition rate in its IT Services business stood at 13.6 per cent.
With inputs from IANS