India’s major IT player, Tata Consultancy Services (TCS), share price is in focus as the company is all set to kick off the Q1FY26 earnings season. The results are being closely watched not just for what they say about the company, but also for the broader cues they will offer on the IT sector.
As trading began this morning, TCS share price were flat, down by 0.23%. From earnings momentum to dividend buzz and market reactions, here are six key elements to watch out for-
TCS Q1FY26 result: Timing and board meet agenda
The TCS board is meeting today to approve both standalone and consolidated financial results for the quarter ending June 30, 2025. As per trends from past quarters, the results are expected to drop around 4:00-4:30 PM.
Along with financials, the board will also discuss an interim dividend. With the trading window shut since June 23, the announcement will officially open the IT sector’s earnings narrative.
TCS share price performance
TCS shares have been under pressure. In the last month, the share price of TCS slipped 2.5%, and it is down nearly 18% so far in 2025. Year-to-date, the shares have seen a steady decline, with a 52-week high of Rs 4,592.25 and a low of Rs 3,056.05. The stock has lost 13% in the past year.
TCS Q1FY26 result: Dividend watch
TCS may also declare an interim dividend, with July 16 fixed as the record date. If announced, it will be the first payout for FY26. The company has a dividend yield of 1.78%.
TCS earnings: How Q1 FY25 set the stage – A quick rewind
In the same quarter last year (Q1FY25), TCS reported a net profit of Rs 12,040 crore, up 8.7% YoY, with revenue rising 5.4% to Rs 62,613 crore. However, the company had flagged concerns over sustaining momentum. North America saw a dip, and BFSI struggled too, the two themes analysts expect to re-emerge this quarter.
TCS earnings: What to expect in Q1 FY26
Brokerages are penciling in a muted performance this time. With headwinds from ramp-downs in deals like BSNL, analysts anticipate a QoQ decline in revenue and net profit. Nuvama predicts a 1% decline in constant currency revenue, while Kotak estimates a 0.4% dip due to pressure in retail and manufacturing, even as BFSI remains steady. Forex gains may provide a cushion to reported numbers.
TCS earnings: Last quarter snapshot – Q4FY25 recap
TCS closed Q4FY25 with a net profit of Rs 12,224 crore, down 1.6% YoY, while revenue grew 5.29% to Rs 64,479 crore. EBIT stood at Rs 15,601 crore.
