TCS Q3 Results: Profit Miss, Bumper Dividend, One-Time Labour Code Impact, Attrition Rises

Growth by domain (Q-o-Q Constant currency growth in %)

• BFSI -0.4

• Consumer Business 1.3

• Life Sciences & Healthcare 0.9

• Manufacturing 0.2

• Technology & Services -1.3

• Communication & Media 0.6

• Energy, Resources and Utilities 1

• Regional Markets & Others 4.6

Growth by markets (Q-o-Q Constant currency growth in %)

• North America 0.1

• Latin America 4.6

• UK -1.9

• Continental Europe 2.1

• Asia Pacific 1.1

• India 8

• Middle East and Africa 3.2

"Our sustained margin performance and strong cash conversion this quarter, reflects our disciplined execution and financial resilience. Backed by a robust balance sheet, we continue to invest confidently in strategic growth areas. Executing our five-pillar AI strategy at speed and scale is central to our transformation into an AI-first enterprise, and delivering long-term value for our stakeholders."

-- Samir Seksaria, Chief Financial Office

As of December 2025, the company had applied for 9,428 patents, including 202 applied during the quarter and been granted 5,262 patents including 176 during the quarter.

“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 $1.8 billion in annualized 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's annualised AI services revenue at $1.8 billion; up 17.3% QoQ in Constant Currency.