Mumbai, July 10 (IANS). IT sector giant Tata Consultancy Services (TCS) announced the results of the first quarter of FY 26 on Thursday. In the April-June quarter, the company’s profit has increased by 6 percent to Rs 12,760 crore on an annual basis.
In the June quarter, the income from TCS operations has increased by 1.3 percent to Rs 63,437 crore on an annual basis.
An interim dividend of Rs 11 has been announced on a one -rupee face value shares from the IT giant.
The company said in the exchange filing, “The interim dividend will be paid to equity shareholders of the company on Monday, August 4, 2025.”
TCS Chief Executive Officer and Managing Director K.K. Kritivasan said, “There has been a decrease in demand due to continuous global macro-oconomic and geo-politics uncertainties. The positive side was that all new services increased well. We have seen many great deals during this quarter.”
He said that the company is closely associated with them to help their customers deal with the challenges affecting their business through cost adaptation, vendor consolidation and AI-based business transformation.
According to TCS filing, the operational margin has increased on a quarterly basis. In the first quarter of the financial year, the EBIT margin increased by 30 basis points to 24.5 percent, which was 24.2 percent in the fourth quarter.
TCS Executive Director-Speaker and Chief Operating Officer, Aarti Subramanian said, “Customer in various industries is transferring its attention to ROI based AI scaling from us-based point of view. We are investing in AI Ecosistors including infrastructure, data platform solutions, AI agents and business applications.”
The number of employees in the company has increased by 6,071 in the June quarter. In the last 12 months, the rate of leaving job of employees has been 13.8 percent.
-IANS
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