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TCS Q3 Results FY26 Live Updates: Cons PAT falls 14% YoY. Board declares interim dividend of Rs 11/share; special dividend of Rs 46/share
12 Jan 2026 | 04:16:28 PM IST
TCS board declares interim dividend of Rs 11; special dividend of Rs 46/share.
Synopsis
TCS Q3 Results FY26 Live: India’s IT bellwether Tata Consultancy Services (TCS) on Monday posted a sharp year-on-year decline in December-quarter consolidated net profit. Profit attributable to shareholders fell 14% YoY. Market expectations point to a largely stable but subdued performance, with analysts forecasting around 5% year-on-year growth in revenue and a roughly 6% rise in profit.
Tata Consultancy Services, the country’s largest IT services firm, has announced its Q3FY26 results later today, January 12. The revenue from operations in Q3FY26 stood at Rs 67,087, up 5% over Rs 63,973 crore in the corresponding period of the last financial year.
The company announced an interim dividend of Rs 57 per equity share for the financial year 2025-26. This includes a third interim dividend of Rs 11 per share and a special dividend of Rs 46 per equity share.
TCS Q3 Results: Cons PAT falls 14% YoY to Rs 10,657 crore, but revenue rises 5%
Show moreThe company announced an interim dividend of Rs 57 per equity share for the financial year 2025-26. This includes a third interim dividend of Rs 11 per share and a special dividend of Rs 46 per equity share.
TCS Q3 Results: Cons PAT falls 14% YoY to Rs 10,657 crore, but revenue rises 5%
1 New Update
TCS Q3 Results: Cons PAT falls 14% YoY to Rs 10,657 crore, but revenue rises 5%
TCS Q3 Results: Revenue from operations in Q3FY26 rose 5% year-on-year to Rs 67,087 crore, up from Rs 63,973 crore in the corresponding quarter of the previous financial year. Read more
TCS Q3 Results FY26 Live Update: Company declares dividend of Rs 11 per share, and special dividend of Rs 46 per share
The company announced an interim dividend of Rs 57 per equity share for the financial year 2025-26. This includes a third interim dividend of Rs 11 per share and a special dividend of Rs 46 per equity share.
“The growth momentum we witnessed in Q2FY26 continued in Q3FY26. We remain steadfast in our ambition to become the world’s largest AI-led technology services company, guided by a comprehensive five-pillar strategy. Our AI services now generate USD 1.8 billion in annualised revenue, reflecting the significant value we provide to clients through targeted investments across the entire AI stack, from infrastructure to intelligence.
- K Krithivasan, Chief Executive Officer and Managing Director
TCS Q3 Results FY26 Live Update: Financial Highlights of the Quarter Ended December 31, 2025
• Revenue at ₹67,087 crore, up 2.0% QoQ, Sequential growth: 0.8% in Constant Currency
• Annualised AI Services Revenue at $1.8 billion; up 17.3% QoQ in Constant Currency
• Operating Margin at 25.2%; stable sequentially
• Net Income at ₹13,438 crore, +8.5% YoY | Net Margin at 20.0%; up 40 bps QoQ
• Cash flow from Operations at 130.4% of Net Income
• Q3 Total Contract Value (TCV): US$9.3 billion
• Dividend per share: ₹57 including ₹46 per share as special dividend | Record date 17/01/2026 | Payment date 03/02/2026
• Annualised AI Services Revenue at $1.8 billion; up 17.3% QoQ in Constant Currency
• Operating Margin at 25.2%; stable sequentially
• Net Income at ₹13,438 crore, +8.5% YoY | Net Margin at 20.0%; up 40 bps QoQ
• Cash flow from Operations at 130.4% of Net Income
• Q3 Total Contract Value (TCV): US$9.3 billion
• Dividend per share: ₹57 including ₹46 per share as special dividend | Record date 17/01/2026 | Payment date 03/02/2026
TCS Q3 Results FY26 Live Update: Revenue from operations rises 5% YoY
The revenue from operations in Q3FY26 stood at Rs 67,087, up 5% over Rs 63,973 crore in the corresponding period of the last financial year.
TCS Q3 Results FY26 Live Update: Cons PAT at Rs 10,657 cr vs Rs 13,000 cr
TCS Q3 Results FY26 Live Update: Company declares dividend of Rs 11 per share, and special dividend of Rs 46 per share
The directors have declared a third interim dividend of INR 11 and a special dividend of INR 46 per Equity Share of INR 1 each of the Company
TCS Q3 Earnings: TCS Q3 results are out
TCS Q3 Earnings: Axis Direct on TCS
TCS is seen delivering 2.6% quarter-on-quarter topline growth, supported by momentum in BFSI, hi-tech and favourable cross-currency movements. EBIT margins may contract by about 28 basis points during the quarter due to wage hikes, increased investments and fewer working days. Key areas to monitor include deal TCV and pipeline, outlook across business verticals and updates on the BSNL advance purchase order.
TCS Q3 Earnings: EBIT margin (%) estimates by Nomura
TCS Q3 Earnings: IT companies result schedule
We expect revenue to grow by around 0.5% quarter-on-quarter in constant currency terms, driven entirely by developed markets. EBIT margins are likely to decline by about 70 basis points sequentially due to the impact of two months of salary hikes, partly offset by currency depreciation and operational efficiencies. Deal wins are expected to exceed USD 10 billion, supported by a few large contract announcements. Key aspects to watch include management’s outlook on restructuring and its impact on the business, trends in discretionary client spending amid rising macro volatility in the US, commentary on cost takeout initiatives, and performance of the BFSI vertical.
- Nomura on TCS
TCS Q3 Earnings: TCS revenue growth YoY
TCS Q3 Earnings: TCS Q3 preview by Nuvama Institutional Equities
We expect TCS to post around 0.5% quarter-on-quarter constant currency growth and about 0.2% growth in dollar terms. Expansion is likely to be led by developed markets, as work on the BSNL extension has yet to commence. Margins may contract by roughly 60 basis points sequentially due to the impact of two months of wage hikes. Key focus areas will include management commentary on the US macro environment and updates on employee restructuring.
- Nuvama Research
TCS Q3 Earnings: TCS performance compared to Nifty50 and Nifty IT index
TCS continues to be a leader in scale and market positioning across emerging technologies. While it outperformed Infosys in FY25, FY26 is expected to be a year of slowdown for the company, with the potential to lag some of its large peers. Margin expansion is also likely to remain limited as TCS steps up investments to support future growth.
- HSBC Global Investment Research
TCS Q3 Earnings: TCS shares trade marginally higher ahead of Q3 earnings
Price as on 02.09.22 PM, Click on company names for their live prices.
TCS Q3 Earnings: TCS PAT estimate
Profit after tax (PAT) is expected to be in the range of Rs 13,000 crore to Rs 13,200 crore.
TCS Q3 Earnings: TCS revenue estimate
Based on early estimates, revenue is projected to be between Rs 67,000 crore and Rs 67,500 crore.
TCS Q3 Earnings: TCS Q2 results
- In the previous quarter (Q2FY26), TCS reported a 1.4% year-on-year growth in net profit to Rs 12,075 crore, falling short of street expectations pegged at Rs 12,573 crore.
- The profit after tax was higher than Rs 11,909 crore reported a year ago.
- Revenue from operations stood at Rs 65,799 crore, marking a 2.4% growth over Rs 64,259 crore in the same quarter last year.
