TCS Q1 Results Live Updates: Net profit rises 6% to Rs 12,760 crore; Tata Elxsi Q1 PAT plunges 22% YoY to Rs 144 crore
Economic Times |
Synopsis
TCS Q1 Results Live: Tata Consultancy Services (TCS), India’s leading IT firm, reported a 6% year-on-year rise in consolidated net profit at ₹12,760 crore for Q1FY26, compared to ₹12,040 crore in the same period last year. Revenue from operations grew 1.3% to ₹63,437 crore from ₹62,613 crore. The company also declared an interim dividend of ₹11 per share for FY26.
TCS Q1 FY26 results
TCS Q1 Results Highlights
- Revenue at ₹63,437 crore, +1.3% YoY, Decline of 3.1% YoY in Constant Currency
- Operating Margin at 24.5%; an expansion of 30 bps QoQ
- Net Income at ₹12,760 crore, +6.0% YoY | Net Margin at 20.1%
- Net Cash from Operations at ₹12,804 crore i.e. 100.3% of Net Income
- Workforce strength: 613,069 | Net Headcount addition of 6,071 YoY
- LTM IT Services attrition rate at 13.8%
- Dividend per share: ₹ 11 | Record date 16-Jul-2025 | Payment date 04-Aug-2025
06:54:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: TCS now has 114,000 people with higher order AI skills, says TCS CHRO Milind Lakkad
Milind Lakkad, Chief HR Officer, said "Talent Development is core to TCS. In this quarter, our associates invested 15 million hours in building expertise in emerging technologies, enabling them to lead the transformation journey for our customers. It is gratifying to note that TCS now has 114,000 people with higher order AI skills".
06:47:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: We stayed agile, delivering steady margins, says TCS CFO Samir Seksaria
"We continued our investments in long term sustainable growth this quarter. We stayed agile and adapted to the dynamic environment, delivering steady margins. Our industry leading profitability alongside robust cash conversion, positions us well to make strategic investments for the future," says TCS CFO Samir Seksaria.
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06:40:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: We are investing across AI systems, says TCS COO Aarthi Subramanian
"Across industries, clients are increasingly shifting their focus from use case based approach to ROI led scaling of AI. We are investing across the AI ecosystem including infrastructure, data platform solutions, AI agents and business applications. Launching TCS SovereignSecureTM Cloud, TCS DigiBOLTTM, and TCS Cyber Defense Suite, to accelerate India’s AI led transformation was a particular highlight of this quarter," says Aarthi Subramanian, Executive Director - President and Chief Operating Officer of TCS.
06:37:00 PM IST, 10 Jul 2025
Tata Elxsi Q1 Results: PAT was lower by 16% on a QoQ basis
On a sequential basis, the profit after tax (PAT) was 16% lower in the quarter under review against Rs 172 crore posted in the January-March quarter of FY25. Meanwhile, the topline fell nearly 2% on the QoQ basis versus Rs 908 crore.
06:31:00 PM IST, 10 Jul 2025
Tata Elxsi Q1 Results: EBITDA slumps 26% YoY to Rs 187 crore
Company's Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 187 crore in Q1FY26, down 26% from Rs 252 crore reported in Q1FY25.
06:25:00 PM IST, 10 Jul 2025
Tata Elxsi Q1 revenue falls 3.7% on macroeconomic headwinds
The revenue from operations also fell 3.7% at Rs 892 crore versus Rs 926 crore in corresponding quarter of the last financial year amid macroeconomic uncertainties and customer specific issues.
06:20:35 PM IST, 10 Jul 2025
Tata Elxsi Q1 Results: PAT plunges 22% YoY to Rs 144 crore
Tata Elxsi on Thursday reported a 22% decline in its Q1FY26 consolidated net profit at Rs 144 crore versus Rs 184 crore in the year ago period.
06:15:32 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: All new services grew well, says TCS CEO & MD K Krithivasan.
"The continued global macro-economic and geo-political uncertainties caused a demand contraction. On the positive side, all the new services grew well. We saw robust deal closures during this quarter. We remain closely connected to our customers to help them navigate the challenges impacting their business, through cost optimization, vendor consolidation and AI-led business transformation," says TCS CEO and MD K Krithivasan.
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04:43:24 PM IST, 10 Jul 2025
TCS board approves interim dividend of Rs 11 per share. Check record, payment date
The board of IT major Tata Consultancy Services (TCS) on Thursday declared an interim dividend of ₹11 per share. Shareholders whose names appear in the company’s records as of July 16, the designated record date, will be eligible to receive the dividend.
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04:31:02 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Segment Highlights: Growth by Markets
Across industries, clients are increasingly shifting their focus from use case based approach to ROI led scaling of AI. We are investing across the AI ecosystem including infrastructure, data platform solutions, AI agents and business applications. Launching TCS SovereignSecureTM Cloud, TCS DigiBOLTTM, and TCS Cyber Defense Suite, to accelerate India’s AI led transformation was a particular highlight of this quarter.
- Aarthi Subramanian, Executive Director - President and Chief Operating Office, TCS
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04:17:20 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates | Dividend Details
- Dividend per share: ₹ 11
- Record date 16-Jul-2025
- Payment date 04-Aug-2025
04:16:52 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates | Workforce & Attrition
- Workforce strength: 613,069
- Net Headcount addition of 6,071 YoY
- LTM IT Services attrition rate at 13.8%
04:15:15 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates | Segment Highlights: Growth by Domain
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04:11:07 PM IST, 10 Jul 2025
TCS Q1 Results: Cons PAT up 6% YoY at Rs 12,760 crore; Rs 11 per share dividend declared
Indian IT giant Tata Consultancy Services (TCS) on Thursday posted a 6% rise in its consolidated net profit for Q1FY26, reaching ₹12,760 crore compared to ₹12,040 crore in the same quarter last year.
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The continued global macro-economic and geo-political uncertainties caused a demand contraction. On the positive side, all the new services grew well. We saw robust deal closures during this quarter. We remain closely connected to our customers to help them navigate the challenges impacting their business, through cost optimization, vendor consolidation and AI-led business transformation.
- K Krithivasan, Chief Executive Officer and Managing Director
04:08:51 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Key Highlights
- Revenue at ₹63,437 crore, +1.3% YoY, Decline of 3.1% YoY in Constant Currency
- Operating Margin at 24.5%; an expansion of 30 bps QoQ
- Net Income at ₹12,760 crore, +6.0% YoY | Net Margin at 20.1%
- Net Cash from Operations at ₹12,804 crore i.e. 100.3% of Net Income
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04:05:19 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Revenue at Rs 63,437 cr vs Street estimates of Rs 64,538 cr
04:03:32 PM IST, 10 Jul 2025
TCS Q1 Results: Board approves dividend of Rs 11/share
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04:02:26 PM IST, 10 Jul 2025
TCS Q1 Results
PAT at Rs 12,760 cr vs Street estimates of Rs 12,205 cr
03:44:30 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: TCS shares close marginally lower ahead of earnings show
03:40:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Consensus Recommendation
The consensus recommendation from 45 analysts for Tata Consultancy Services Ltd. is BUY
03:20:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Share Price History
The stock has fallen 15% in one year, meanwhile, the counter has surged 53% in the last five years.
03:05:55 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Share Price Analysis
TCS has worse 1 Year returns than Nifty50, Sensex, Sector and Industry.
02:45:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Financial Statement
02:30:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Upside and downside risks
Upside risks: stronger-than-expected recovery in the demand environment; recovery in the Healthcare business in Europe, increase in discretionary IT spend; stronger-than-expected client mining; and a pick-up in large deal wins/bookings from the current run rate of USD7-9bn every quarter.
Downside risks: a deep and prolonged recession in the US and Europe could see a plunge in IT spending; increasing competition from global competitors for digital deals may impact the growth outlook; stability in the INR versus USD.
Downside risks: a deep and prolonged recession in the US and Europe could see a plunge in IT spending; increasing competition from global competitors for digital deals may impact the growth outlook; stability in the INR versus USD.
02:11:39 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: TCS shares flat in afternoon trade ahead of Q1 results
02:03:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Earnings expectations from HSBC
Expect positive USD revenues growth (+0.5%) led by 180bp positive impact of cross currency. We expect BSNL revenues to fall by another cUSD100mn q-o-q leading to revenue decline for the company in CC terms. On y-o-y basis, we expect a c1% decline in revenues in organic CC terms.
◆ We expect growth to be driven by BFSI, Energy while other verticals may see steady or decline in revenues. Margins are expected to be down by c30bp q-o-q, driven by lower utilisation levels and higher investment in the business for talent, growth and infrastructure.
◆ Key focus area: Guidance on US demand, deal conversion cycles/rates, pricing amid the new policy uncertainty. Outlook on discretionary spending levels across verticals.
◆ We expect growth to be driven by BFSI, Energy while other verticals may see steady or decline in revenues. Margins are expected to be down by c30bp q-o-q, driven by lower utilisation levels and higher investment in the business for talent, growth and infrastructure.
◆ Key focus area: Guidance on US demand, deal conversion cycles/rates, pricing amid the new policy uncertainty. Outlook on discretionary spending levels across verticals.
01:40:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Key focus areas
- Any change to management view of FY26 growth (ex-BSNL) to be better than FY25
- Update on Deal wins and deal pipeline, discretionary spends, and impact of macro uncertainty and tariffs. Outlook on margins.
- Outlook on US BFSI and outlook on verticals such as consumer and manufacturing impacted by macro uncertainty
01:20:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Deal win/Partnerships announced in 1QFY26
01:05:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Trade TCS ahead of Q1 results with Short Iron Butterfly strategy to gain advantage of Theta decay
TCS Q1 Earnings: Shares of Tata Consultancy Services (TCS) have seen a short build-up in the futures segment, indicating bearish sentiment. The broader medium-term trend remains sideways to negative, reflecting cautious investor outlook amid ongoing uncertainties.
12:45:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: 7 things to investors should focus on
(1) the impact of tariff uncertainty on demand across verticals, with special focus on manufacturing and retail verticals,
(2) reasons for the underperformance in growth in developed markets
(3) outlook in financial services and healthcare verticals and any loss of share to insourcing at large clients
(4) reasons for weak margin performance
(5) impact of GCC ramp-up on growth of companies and GCC as a growth lever
(6) pace of adoption of enterprise GenAI adoption and its deflationary impact
(7) levers to defend and increase margins
(2) reasons for the underperformance in growth in developed markets
(3) outlook in financial services and healthcare verticals and any loss of share to insourcing at large clients
(4) reasons for weak margin performance
(5) impact of GCC ramp-up on growth of companies and GCC as a growth lever
(6) pace of adoption of enterprise GenAI adoption and its deflationary impact
(7) levers to defend and increase margins
12:30:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: TCS EBIT Margin expectation
EBIT margin is likely to remain flat QoQ, with some pressure from talent investments, lower utilization and constrained operating leverage. Pyramid and
productivity gains remain key levers.
productivity gains remain key levers.
12:16:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: TCS to announce Q1 results today: What to expect and 7 things to watch out for
TCS Q1 Earnings: TCS will announce its Q1 results today, with expectations clouded by weak demand and ongoing macroeconomic uncertainties. Analysts anticipate a sequential drop in revenue, primarily due to the tapering of the BSNL project. The stock, which has declined 18% in 2025 so far, remained flat in early trade ahead of the results. Despite resilience in global markets, experts foresee persistent challenges for India’s leading IT company. Read more
12:00:00 PM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Quarterly Performance
11:45:00 AM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Nirmal Bang on TCS Revenue Expectations
The brokerage expects -2.1% CC QoQ revenue growth led by continued macro uncertainty, leaving room for growth only in few select verticals, largely BFSI and Healthcare. Deferment in ramping up of existing projects was another factor for the tepid growth.
11:31:00 AM IST, 10 Jul 2025
TCS Q1 Results Live Updates: Old vs New Estimates
11:14:59 AM IST, 10 Jul 2025
TCS Q1 Results Live Updates: TCS shares flat ahead of Q1 earnings
11:51:55 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates: Prabhudas Lilladher on TCS Q1 Earnings
The brokerage expects TCS revenue to report decline by 0.9% QoQ CC due to ramp down of BSNL deal and weakness continuing in international business. We expect currency tailwinds of 170 bps leading to USD revenue growth of 0.5% QoQ. On margins front we expect EBIT margin to decline by ~10bps as lower 3rd party equipment’s cost will be setoff by weak revenue performance. We expect deal wins to be steady in the band of USD7-9bn. Key monitorable will be outlook in the key geography of US & Europe and deal wins.
10:45:00 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates: TCS Q1 Results date and time
TCS Q1 Earnings: The IT major had earlier informed that a meeting of its Board of Directors is scheduled for Thursday, July 10, 2025, to consider and approve the financial results for the quarter ended June 30, 2025 (Q1 FY26), among other matters. The results are expected to be announced after market hours.
11:52:03 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates: Kotak Institutional Equities on TCS earnings
TCS Q1 Earnings: Kotak expects Tata Consultancy Services (TCS) to post a profit after tax (PAT) of ₹12,351 crore for Q1FY26, indicating a 2.6% year-on-year (YoY) increase and a 1% sequential rise. Net sales are projected at ₹64,993 crore, reflecting a 3.8% YoY and 0.8% quarter-on-quarter (QoQ) growth.
10:15:00 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates I Strategic Positioning
- TCS continues to benefit from ongoing IT vendor consolidation, gaining share as clients streamline providers
- Management remains cautiously optimistic: expects FY 26 to outperform FY 25, anticipating stabilization in U.S. tariff environment
10:00:00 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates: Brokerage View: Axis Securities
TCS Q1 Earnings: Axis Securities estimates Q1FY26 PAT at ₹12,107 crore, reflecting a modest 0.7% year-on-year growth. Revenue is projected at ₹62,613 crore, marking a 2.7% increase compared to the same period last year.
09:55:00 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates I Macro & Margin Outlook
- Currency fluctuations are expected to provide minor tailwinds.
- Margins may see stability or slight compression, influenced by wage hike deferments and cost control measures
09:39:29 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates I Deal Wins & Client Behavior
- Despite tariff concerns, TCS continues to secure large deal bookings (e.g., $12.2 bn in Q4; strong Q1 pipeline with Gen-AI and digital transformation contracts)
- No major deal cancellations observed, but some discretionary projects are delayed
09:18:27 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates I Sector Exposure & Tariff Risks
- Clients in retail, travel, and auto verticals are more susceptible to cost-cutting due to U.S. tariff uncertainties
- BFSI remains the most resilient vertical, accounting for ~30% of TCS’s revenue
09:00:10 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates I Brokerage Sentiment
Nuvama Institutional Equities: Most conservative on profit forecasts.
InCred Equities: Most bullish on both profits and revenue.
Kotak Institutional Equities & Axis Securities: Offer mid-range estimates—Axis being the lowest on revenue.
InCred Equities: Most bullish on both profits and revenue.
Kotak Institutional Equities & Axis Securities: Offer mid-range estimates—Axis being the lowest on revenue.
08:59:31 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates I Revenue Estimate
Projected growth of 2.7–3.8% YoY, with total revenue in the range of ₹62,613 crore to ₹64,993 crore.
08:56:35 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates I Profit Outlook
Expected net profit growth of 1–3% YoY, estimated between ₹12,040 crore to ₹12,416 crore, based on four brokerages.
08:56:15 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates I Earnings release date
Thursday, July 10, 2025.
08:55:16 AM IST, 10 Jul 2025
TCS Q1 Earning Results Live Updates: IT major may clock modest 3% profit growth; Trump tariffs impact in focus
Tata Consultancy Services (TCS), a leading name in the Indian IT sector, is set to release its Q1FY26 earnings on Thursday, July 10. According to estimates from four brokerages, the company's net profit is anticipated to grow by 1% to 3% year-on-year, with projections placing the figure between ₹12,040 crore and ₹12,416 crore.
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