Mumbai, India – Tata Consultancy Services Ltd (TCS), a global leader in IT services, reported robust financial performance for the first quarter of the current fiscal year (Q1 FY27). The company announced a 5% year-on-year (YoY) increase in its consolidated net profit, reaching Rs 13,349 crore for the quarter ended June 30, 2026. This is up from Rs 12,760 crore recorded in the corresponding period last year.
Revenue Growth and Key Financials
The IT bellwether's revenue from operations showed significant growth, rising 14% YoY to Rs 72,275 crore in Q1 FY27. This compares to Rs 63,437 crore in the same quarter last year. On a quarter-on-quarter (QoQ) basis, revenue also saw an uptick from Rs 70,698 crore.
In addition to the strong earnings, the board of TCS declared an interim dividend of Rs 12 per equity share. Each share carries a face value of Re 1.
Market Reaction and Stock Performance
Ahead of the Q1 earnings announcement on Thursday, July 9, 2026, shares of TCS closed 0.52% lower on the BSE, settling at Rs 2047.75, a decrease of Rs 10.80. The company's market capitalization stood at Rs 7.40 lakh crore. The stock had opened on a flat note at Rs 2055.30 against its previous close of Rs 2058.55. Despite the strong quarterly performance, TCS shares have seen a decline of 36% throughout 2026.