- Tata Consultancy Services announced a Rs 11 dividend per equity share for Q1 2025-26
- The board fixed July 16 as the record date for dividend payment
- The interim dividend will be paid on August 4
Tata Consultancy Services Ltd. on Thursday announced a dividend of Rs 11 per equity share for the first quarter of fiscal 2026. The company will distribute nearly Rs 4,000 crore to shareholders in the fourth quarter of this fiscal.
The board has fixed July 16 as the record date for the purpose of dividend payment, the company said in an exchange filing on Thursday. Additionally, the company will pay the interim dividend on Aug. 4, it added.
In comparison, the company had issued a final dividend of Rs 30 apiece and an interim dividend of Rs 10 on Jan. 17, 2025.
TCS' consolidated net profit rose 4% sequentially to Rs 12,760 crore in the three months ended June 30, 2025. The IT major's revenue during the first quarter fell 1.6% to Rs 63,437 crore in the quarter, as against Rs 64,479 crore over the last quarter.
Operating income, or earnings before interest and taxes, fell 1% sequentially to Rs 15,514 crore. The margin expanded by 30 basis points to 24.5% versus 24.2%.
The result was shared after-market hours. The stock settled 0.05% lower at Rs 3,382 apiece on the NSE, compared to a 0.47% decline in the benchmark Nifty 50.
TCS' shares have fallen 13.49% over the past 12 months and 17.41% year-to-date.
Out of 50 analysts tracking the company, 35 maintain a 'buy' rating, 12 recommend a 'hold' and three suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 12.1%.
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