Written by Tata Consultancy Services (TCS) reported better-than-expected revenue performance for the third quarter of FY26, reflecting stable operating momentum amid a challenging global environment. The IT major posted consolidated revenue of $7.51 billion (₹67,087 crore) for the quarter, surpassing market estimates.
Despite the revenue growth, net profit declined 13.9% year-on-year, impacted by one-off costs and margin pressures. However, the company maintained steady operational performance, indicating resilience in its core business.
The TCS board also announced an interim dividend of ₹57 per equity share, reinforcing its commitment to shareholder returns.
Following the results, TCS shares rose 0.77%, as investor sentiment remained largely positive. According to market data, 35 out of 51 analysts have retained a ‘Buy’ rating on the stock, despite mixed short-term reactions to the profit decline.
On the hiring front, TCS added nearly 16,000 employees during Q3, underlining confidence in demand conditions. The company continues to focus on upskilling its workforce, particularly in Artificial Intelligence (AI) and Machine Learning (ML), to align with evolving client requirements.
Overall, TCS’s Q3FY26 performance highlights strong revenue execution, sustained hiring, and strategic investments in future-ready technologies, even as profitability faces near-term headwinds.