TCSNSETata Consultancy Services Limited· Computers - SoftwareHighPositive
Announced Mon, 12 Jan · 15:54 IST

Tata Consultancy Services Limited has informed the Exchange that Board of Directors at its meeting held on January 12, 2026, declared Special Dividend of Rs. 46 per equity share.

Dividend Yield Above 3pctCorporate Actions View source PDF

TCS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

TCS Board has declared a special dividend of Rs. 46 per share plus a third interim dividend of Rs. 11 per share, taking the total dividend for Q3 FY26 to Rs. 57 per equity share. Record date is January 17, 2026, and payment is scheduled for February 3, 2026. For Q3 FY26, consolidated revenue rose to Rs. 67,087 crore from Rs. 63,973 crore a year ago, but net profit fell to Rs. 10,720 crore from Rs. 12,444 crore due to large one-time exceptional charges. These include Rs. 2,128 crore for new Labour Codes, Rs. 1,010 crore provision for the CSC legal claim in the US, and Rs. 253 crore in restructuring expenses. Revenue growth was led by BFSI (Rs. 25,889 crore) and Consumer Business segments. EPS for the quarter stood at Rs. 29.45 versus Rs. 34.21 last year.

Likely market impact

The strong Rs. 57 per share dividend in a single quarter is a meaningful reward for shareholders and reflects TCS's robust cash generation despite the profit dip. The profit decline is largely due to one-off charges and not core operations, so the underlying business remains healthy. Shareholders holding shares by January 17, 2026 will receive the dividend payout.