Tata Consultancy Services announced a dividend of Rs 11 per share. The company has fixed October 15 as the record date and November 4 as the dividend payment date.
In Q1 FY 26, TCS had announced a dividend of Rs 11 per equity share.
Margin improves
Furthermore, the company stated that its operating margins have increased by 70 basis points on a quarterly basis to 25.2%. The company stated that its net margin in Q2 was 19.6 per cent.
Tata Consultancy Services said that its cash flow from operations was at 110.1 per cent of net income in the second quarter.
“We achieved good growth momentum across all verticals this quarter. Our disciplined execution helped us expand our margins while making strategic investments. We have prioritised wage hikes, building future-ready capabilities and establishing new ecosystem partnerships, Samir Seksaria, Chief Financial Officer of TCS said in a statement.
Q2 net profit declines QoQ
TCS reported a net profit of Rs 12,075 crore in the second quarter of FY26 while its profit in Q1 FY26 was at 12,760 crore. The net QoQ profit decline stood at 5.3 per cent. On a YoY basis, net profit is up 1.3%. The numbers are better than street estimates.
Furthermore, Tata Consultancy Services’ revenue from operations in Q2 FY26 stood at Rs 65,799 crore. The company’s revenue increased by 2.4 per cent on a yearly basis, standing at Rs 64,259 in the corresponding quarter of FY25. On a quarterly basis, TCS revenue has risen by 3.7 per cent.