Tata Consultancy Services Limited has informed the Exchange that Board of Directors at its meeting held on January 12, 2026, declared Interim Dividend of Rs. 11 per equity share.
TCS · price
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TCS reported consolidated revenue of Rs. 67,087 crore for Q3FY26, up about 4.9% year-on-year from Rs. 63,973 crore, while net profit fell around 13.8% to Rs. 10,720 crore from Rs. 12,444 crore a year ago. The profit dip was largely due to three exceptional items totalling Rs. 3,391 crore: Rs. 2,128 crore statutory impact of new Labour Codes, Rs. 1,010 crore provision for the CSC legal claim in the US, and Rs. 253 crore restructuring expenses. The Board declared a third interim dividend of Rs. 11 per share along with a special dividend of Rs. 46 per share (total Rs. 57 for the quarter), with record date January 17, 2026 and payment on February 3, 2026. The company also completed the ListEngage acquisition ($69M) and announced the Coastal Cloud acquisition ($700M) to strengthen its Salesforce capabilities.
The special dividend of Rs. 46 per share is a significant reward to shareholders and signals strong cash returns despite profit pressure. However, the sharp profit decline and large exceptional charges—particularly the ongoing CSC legal liability in the US and the new Labour Code impact—may weigh on near-term sentiment. Investors should watch whether the BFSI growth momentum can offset continued weakness in the technology and media segment.