TCS announces Rs 57 dividend alongside December quarter results

MUMBAI: Tata Consultancy Services has given investors something to smile about, announcing a chunky payout even as the global tech mood stays cautious.

India’s largest IT services firm on Monday declared a total dividend of Rs 57 per share, combining a third interim dividend of Rs 11 with a special dividend of Rs 46. The payout will be credited on February 3 to shareholders on record as of January 17.

The announcement came alongside the company’s financial results for the quarter ended December 31, 2025. TCS reported consolidated revenue of Rs 67,087 crore for the quarter, up from Rs 63,973 crore a year earlier. Net profit stood at Rs 10,720 crore, reflecting steady performance amid a testing environment for global technology spending.

For the nine months ended December, revenue rose to Rs 1.96 lakh crore, while profit came in at Rs 35,670 crore. Banking, financial services and insurance continued to anchor growth, remaining the company’s largest and most profitable segment.

There were a few bumps along the way. Profit was impacted by one-time costs linked to restructuring, the financial effect of India’s new labour codes, and a provision made towards an ongoing legal case in the United States. Together, these exceptional items weighed on the bottom line, though TCS maintained that its core business remained resilient.

The company also stayed busy on the deal front. It completed the acquisition of ListEngage, a Salesforce-focused firm, and announced plans to buy US-based Coastal Cloud for $700 million, reinforcing its push into cloud-led digital services.

Despite global uncertainty, the board’s decision to announce a special dividend signals confidence in cash flows and balance sheet strength. For shareholders, it was a reminder that while the tech cycle may ebb and flow, TCS still knows how to share the spoils.

As the year gathers pace, the IT major appears set on a familiar path: cautious optimism, steady execution, and the occasional sweetener along the way.