AI-led Growth and Strong TCS’ Q3 Result
Ahmedabad, January 13, 2026: Tata Consultancy Services reported its consolidated financial results according to Ind AS and IFRS, for the quarter ending December 31, 2025.
Highlights of the Quarter Ended December 31, 2025
- Revenue at ₹67,087 crore, up 2.0% QoQ, Sequential growth: 0.8% in Constant Currency
- Annualized AI Services Revenue at $1.8 billion; up 17.3% QoQ in Constant Currency
- Operating Margin at 25.2%; stable sequentially
- Net Income at ₹13,438 crore, +8.5% YoY | Net Margin at 20.0%; up 40 bps QoQ
- Cash flow from Operations at 130.4% of Net Income
- Q3 Total Contract Value (TCV): US$9.3 billion
- Dividend per share: ₹57 including ₹46 per share as special dividend| Record date 17/01/2026| Payment date 03/02/2026
Growth by Domain:
| Industry | Composition (%) | Q-o-Q CC Growth (%) | Y-o-Y CC Growth (%) | ||
| Q3 FY25 | Q2 FY26 | Q3 FY26 | |||
| BFSI | 30.5 | 32.2 | 31.9 | – 0.4 | 1.6 |
| Consumer Business | 15.3 | 15.3 | 15.4 | 1.3 | – 2.7 |
| Life Sciences & Healthcare | 10.1 | 10.5 | 10.5 | 0.9 | 2.2 |
| Manufacturing | 8.4 | 8.8 | 8.8 | 0.2 | 1.7 |
| Technology & Services | 8.0 | 8.5 | 8.4 | – 1.3 | 1.7 |
| Communication & Media | 5.8 | 5.9 | 5.9 | 0.6 | – 1.6 |
| Energy, Resources and Utilities | 5.6 | 5.9 | 6.0 | 1.0 | 2.2 |
| Regional Markets & Others | 16.3 | 12.9 | 13.1 | 4.6 | – 19.4 |
| Total | 100.0 | 100.0 | 100.0 | 0.8 | – 2.6 |
Growth by Markets:
| Geography | Composition (%) | Q-o-Q CC Growth (%) | Y-o-Y CC Growth (%) | ||
| Q3 FY25 | Q2 FY26 | Q3 FY26 | |||
| Americas | |||||
| North America | 47.7 | 48.8 | 48.5 | 0.1 | 1.3 |
| Latin America | 1.9 | 1.9 | 2.0 | 4.6 | 1.4 |
| Europe | |||||
| UK | 16.6 | 17.5 | 16.9 | – 1.9 | – 3.2 |
| Continental Europe | 13.9 | 15.3 | 15.6 | 2.1 | 1.4 |
| Asia Pacific | 7.8 | 8.3 | 8.3 | 1.1 | 3.5 |
| India | 9.8 | 5.8 | 6.1 | 8.0 | – 34.3 |
| MEA | 2.3 | 2.4 | 2.6 | 3.2 | 8.3 |
| Total | 100.0 | 100.0 | 100.0 | 0.8 | -2.6 |
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
