- TCS announced its second interim dividend of Rs 11 per share declaring its Q2 earnings for fiscal 2026
- The dividend will be paid to shareholders on Nov. 4, with a record date of Oct. 15 for eligibility
- TCS reported Q2 revenue of Rs 65,799 crore, up 3.7% year-on-year, exceeding estimates
Tata Consultancy Services Ltd. announced its second interim dividend of Rs 11 on Thursday after declaring its second-quarter earnings for fiscal 2026, according to an exchange filing from the company.
The dividend will have a face value of Re 1. It will be paid to the shareholders on Nov. 4. The record date for determining those who will be eligible for the dividend payouts is Oct. 15, the filing said.
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The company had up to 361 crore shares held in total, according to the BSE data recorded up to the quarter ended June 2025. This brought the total amount that may be disbursed in dividend payouts to be Rs 3,979 crore.
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TCS Q2 Results Highlights
Revenue seen 3.7% higher at Rs 65,799 crore versus Rs 63,437 crore (Bloomberg Estimate: Rs 65,206 crore).
Profit seen 5% lower at Rs 12,075 crore versus Rs 12,760 crore (Bloomberg Estimate: Rs 12,568 crore).
EBIT seen 7% higher at 16,565 crore versus Rs 15,514 crore (Bloomberg Estimate: Rs 15,998 crore).
EBIT margin expanded at 25.2% versus 24.45% (Bloomberg Estimate: 24.53%).
Shares of TCS closed 1.14% higher at Rs 3,061.7 apiece on the National Stock Exchange before the announcement, compared to a 0.54% rise in the benchmark Nifty. The stock has fallen 28.01% in the last 12 months and 24.04% on a year-to-date basis.
Out of the 51 analysts tracking the company, 32 have a 'buy' rating on the stock, 13 recommend 'hold' and six suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 15.5%.
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