Tata Consultancy Services (TCS) announced that its board will meet on January 12, 2026 to sign off its unaudited Q3 FY26 results and decide on the third interim dividend for the current fiscal year.
Board meeting and dividend timeline
The board will also set the record date for the dividend on Saturday, January 17, 2026, to determine which shareholders will receive the payment. The company previously announced an interim dividend of ₹11 per share for the second quarter.
Recent financial snapshot
- Revenue grew 2.4% year‑on‑year to ₹65,799 crore in Q2 FY26, beating expectations.
- Banking, financial services and insurance (BFSI) contributed about a third of revenue and rose 1%.
- Consumer, healthcare and manufacturing segments fell 2.9%, 2.2% and 1.1% respectively.
- Net profit increased 1.4% to ₹2,075 crore, but missed analyst forecasts due to higher severance costs.
Workforce changes
TCS plans to reduce its workforce by about 2% in FY26, affecting roughly 12,200 middle‑ and senior‑level positions. The quarter saw a sequential drop of 19,755 employees, the biggest quarterly decline in the company’s history.
Order bookings and AI push
Total order bookings rose to $10 billion, up from $9.4 billion in the June quarter and $8.6 billion a year earlier. TCS also said it will create a new business unit to build AI infrastructure, including a 1 GW data centre in India over the next five to seven years.
Trading window
The trading window for TCS securities will stay closed from December 24, 2025 until 48 hours after the financial results are released.
Remember, this is perspective, not a prediction. Do your own research or consult a certified expert before making any investment decisions.