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Tata Consultancy Services Limited

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Tata Consultancy Services delivered a robust first quarter, exceeding expectations with a 13.9% year-over-year revenue increase to ₹72,275 crore and a net profit of ₹13,420 crore. The company's annualized AI revenue reached a significant US$2.6 billion, demonstrating continued momentum in this key growth area, supported by a substantial US$9.5 billion in total contract value signed, including a major deal with SKF. While the company allocated ₹668 crore for a legal settlement, the board approved an interim dividend of ₹12 per share, signaling confidence in its financial health and providing a return to investors as TCS navigates evolving market dynamics and continues to invest in strategic growth initiatives.