IT major Tata Consultancy Services (TCS) announced on September 22 that its board will meet on October 9, 2025, to approve and take on record the audited standalone financial results for the quarter and six-month period ending September 30, 2025, under Indian Accounting Standards (Ind AS).
The board is also expected to consider declaring a second interim dividend for FY26. If approved, the dividend will be paid to shareholders whose names appear on the Register of Members or in the depository records as of the record date, Wednesday, October 15, 2025.
For context, TCS had posted a 6% rise in net profit to ₹12,760 crore in the June quarter, compared to ₹12,040 crore in the same period last year. Revenue for Q1FY26 increased by 1.3% to ₹63,437 crore from ₹62,613 crore, though it was down 3% on a constant currency basis. The board had earlier declared an interim dividend of ₹11 per share for Q1FY26.
On September 22, TCS shares closed 3% lower at ₹3,075.5 on the NSE, reflecting broader sector pressure. Key IT stocks collectively lost around ₹85,400 crore in market capitalization following the U.S. announcement of a sharp hike in H-1B visa fees.