IT major Tata Consultancy Services Ltd (TCS) announced robust financial results for the first quarter of the current fiscal year, Q1 FY27. The company's consolidated net profit saw a 5% year-on-year (YoY) rise, reaching ₹13,349 crore, up from ₹12,760 crore in the same period last year.
Revenue from operations also demonstrated strong growth, increasing by 14% YoY to ₹72,275 crore. This compares to ₹63,437 crore reported in the corresponding quarter of the previous fiscal year. On a quarter-on-quarter basis, revenue also saw an uptick from ₹70,698 crore.
Interim Dividend and Key Metrics
In addition to the strong earnings, the board of TCS declared an interim dividend of ₹12 per equity share. Each share carries a face value of Re 1. The record date for this interim dividend has been set for July 15, 2026, with the payment scheduled for July 31, 2026.
Other key highlights from the Q1 FY27 earnings report include an operating margin of 24%. The company's workforce strength stood at 593,798 employees during the quarter, with the Last Twelve Months (LTM) attrition rate in IT Services recorded at 13.6%.
Stock Performance
Ahead of the Q1 earnings announcement, shares of TCS closed marginally lower on the BSE, down 0.52% or ₹10.80, to settle at ₹2047.75. The company's market capitalization stood at ₹7.40 lakh crore. The stock had opened flat at ₹2055.30 against its previous close of ₹2058.55. Despite the strong quarterly performance, TCS shares have experienced a decline of 36% over the course of 2026.