TCS Reports Strong Q1 Growth with Increased Profits and Revenue

TCS Q1 Financial Performance Overview

Tata Consultancy Services (TCS) has announced a 4.7% increase in its consolidated net profit, reaching ₹13,420 crore for the quarter ending June 30, 2026, compared to ₹12,819 crore during the same period last year. The IT giant also declared an interim dividend of ₹12 per share.

According to the company's report, operational revenue surged by 13.9% year-on-year, amounting to ₹72,275 crore, up from ₹63,437 crore in the previous year’s quarter. This figure also reflects a 2.2% increase from ₹70,698 crore in the preceding March quarter.

The audited consolidated interim financial results revealed that profit before tax was ₹17,944 crore, marking a 5.7% rise from ₹16,979 crore a year ago. However, this was a decrease from ₹18,362 crore in the previous quarter, with profit for the period also declining by 2.6% sequentially from ₹13,784 crore in March.

K. Krithivasan, the Chief Executive Officer and Managing Director, stated, "Q1 FY27 demonstrates our sustained growth momentum and the robustness of our strategic positioning, despite facing geopolitical and macroeconomic challenges. We secured a strong order book of $9.5 billion, which includes a significant AI-led transformation project with SKF, while also expanding our client base across key revenue segments and scaling our AI operations to an annualized revenue run rate of $2.6 billion."

As of June 30, 2026, TCS's total workforce stood at 593,798, having added 9,279 employees during the quarter compared to the end of March 2026. The attrition rate for this quarter was recorded at 13.9%, although the overall headcount decreased by 19,271 compared to Q1 FY26.