Tata Consultancy Services Ltd.

Tata Consultancy Services delivered strong Q3 FY26 results with revenue of ₹67,087 crore, growing 2.0% QoQ and 4.9% YoY, while maintaining stable operating margins at 25.2%.

The company secured $9.3 billion in Total Contract Value, including one mega deal in BFSI North America. AI services emerged as a major growth driver, reaching $1.8 billion in annualized revenue with 17.3% QoQ growth, powered by a shift from pilots to ROI-led scaled implementations. The company trained 217,000+ employees in AI skills (3X YoY increase) as part of its five-pillar strategy to become the world's largest AI-led technology services company.

Management expressed strong confidence in CY2026, citing robust deal momentum with order book trending toward a record $38-39 billion for the full year. The Board declared ₹11 interim dividend plus ₹46 special dividend per share. Strong free cash flow generation of $1.4 billion and a solid balance sheet support continued strategic investments in AI and growth capabilities.