TCS Q3 Profit Dips 14% YoY on Exceptional Charges; Rs 57 Dividend Declared
Business
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Moneycontrol•12-01-2026, 16:22
TCS Q3 Profit Dips 14% YoY on Exceptional Charges; Rs 57 Dividend Declared
- •TCS reported a 14% year-on-year decline in Q3 FY26 net profit to Rs 10,657 crore, missing Street estimates.
- •The profit fall was primarily due to significant exceptional charges from restructuring, new Labour Codes, and a US legal dispute.
- •Excluding these one-off items, net profit rose 8.5% YoY to Rs 13,438 crore, indicating steady operational performance.
- •Revenue grew 5% YoY to Rs 67,087 crore, broadly in line with expectations, with stable operating margins at 25.2%.
- •TCS declared a total dividend of Rs 57 per share, including a special dividend of Rs 46, with payment by February 3, 2026.
Why It Matters: TCS's Q3 profit fell due to one-off charges, but operational performance remained steady with a significant dividend declared.
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