TCS Announces ₹57 Per Share Dividend Amid Mixed Q3 FY26 Results
Mumbai, January 13, 2026 – Tata Consultancy Services (TCS), India’s leading IT services company, has declared a substantial dividend of ₹57 per equity share alongside its third-quarter financial results for FY26. The announcement, made on January 12, 2026, underscores the company’s robust cash generation capabilities despite a challenging quarter marked by a decline in profitability.
The total dividend comprises a third interim dividend of ₹11 per share and a special dividend of ₹46 per share, both applicable to equity shares with a face value of Re 1. This generous payout reflects TCS’s ongoing commitment to rewarding shareholders, even as the IT sector navigates subdued global demand and other headwinds.
Key Dividend Details
- Record Date: Saturday, January 17, 2026 – Shareholders must have their names recorded in the company’s register or as beneficial owners in depository records by this date to qualify.
- Payment Date: Tuesday, February 3, 2026 – The dividend will be credited to eligible shareholders on or around this date.
- Ex-Dividend Date: Likely Friday, January 16, 2026 (one trading day before the record date, as markets are closed on Saturday), meaning shares bought on or after this date will not qualify for the dividend.
With the earlier first and second interim dividends of ₹11 each already announced during FY26, this brings the cumulative dividend payout so far in the financial year to ₹79 per share. TCS maintains a strong track record of shareholder returns, having distributed a total of ₹126 per share in FY25, often supplemented by special dividends.
Q3 FY26 Financial Performance
TCS reported consolidated revenue from operations of ₹67,087 crore for the quarter ended December 31, 2025, marking a 5% year-on-year (YoY) increase from ₹63,973 crore. On a sequential basis, revenue grew by 2% quarter-on-quarter (QoQ), with constant currency growth at 0.8%.
However, the bottom line faced pressure, with consolidated net profit attributable to shareholders dropping 14% YoY to ₹10,657 crore from ₹12,380 crore in the same quarter last year. Sequentially, profit declined by approximately 12% from ₹12,075 crore in Q2 FY26. The company attributed the profit dip partly to one-time impacts, including adjustments related to new labour codes, restructuring costs, and other provisions.
Despite these challenges, operating margins remained stable at 25.2%, while net margins improved sequentially to 20%. TCS highlighted growth in high-value areas, with annualized AI services revenue reaching $1.8 billion, up 17.3% QoQ in constant currency terms. Total contract value (TCV) for the quarter stood at $9.3 billion, indicating a healthy deal pipeline.
Outlook and Shareholder Focus
The dividend declaration highlights TCS’s financial discipline and strong balance sheet, supported by healthy cash flows from operations (130.4% of net income in the quarter). In a cautious global IT spending environment, the company continues to prioritize shareholder value through consistent payouts.
Shareholders are advised to ensure their holdings are updated by the record date to avail the dividend. For the latest official details, refer to TCS’s investor relations page or stock exchange filings on the NSE and BSE.
This move reinforces TCS’s position as a reliable dividend payer in the Indian IT sector, even as the industry adapts to evolving demand dynamics.
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