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Business

TCS Reports 3% Drop in Net Profit for Q1 FY27

Indian Community Editorial TeamBy Indian Community Editorial TeamJuly 9, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
TCS Reports 3% Drop in Net Profit for Q1 FY27
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Tata Consultancy Services (TCS), India’s largest software services exporter, disclosed a consolidated net profit of Rs 13,349 crore for the first quarter of FY27, marking a slight decline of around 3% from the previous quarter. However, on a year-on-year basis, the net profit saw a 5% increase compared to the corresponding quarter last year.

During the April-June quarter, TCS witnessed a 14% surge in revenue from operations, amounting to Rs 72,275 crore, as opposed to Rs 63,437 crore in the same period a year ago. Sequentially, the revenue rose by 2% from the previous quarter to Rs 70,698 crore.

The company’s board announced an interim dividend of Rs 12 per equity share, with July 15, 2026, set as the record date for eligible shareholders and the dividend payment scheduled for July 31, 2026. CEO and Managing Director K. Krithivasan noted that TCS sustained its growth momentum amidst a challenging global business landscape.

TCS reported an operating margin of 24.0% and a net margin of 19.2% for the quarter. The net cash generated from operations amounted to Rs 12,412 crore, equivalent to 93% of net income. As of the end of the June quarter, TCS had a total workforce of 593,798 employees, with a last twelve months (LTM) attrition rate of 13.6% in its IT Services business.

April-June quarter CEO Employees FY27 India IT services July 15 2026 July 31 2026 K Krithivasan LTM Managing Director Net Margin Net Profit Operating Margin Q1 FY26 revenue Rs SKF Tata Consultancy Services TCS
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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