TCS Q1 profit rises 5% to Rs 13,349 crore, secures $9.5 billion in new orders

Tata Consultancy Services (TCS) reported a 5% year-on-year increase in consolidated net profit for the first quarter of FY27, with earnings rising to Rs 13,349 crore from Rs 12,760 crore in the same period last year. Revenue from operations grew 14% year-on-year to Rs 72,275 crore, up 2.2% in rupee terms and 0.4% in constant currency from the previous quarter.

The company’s board approved an interim dividend of Rs 12 per share for FY27, with 15 July fixed as the record date for shareholder eligibility. Operating margin stood at 24%, while net margin was 19.2%, with these figures excluding exceptional items. Net cash generated from operations was Rs 12,412 crore, equivalent to 93% of net income.

TCS secured new orders worth $9.5 billion during the quarter, including an $800 million AI-led transformation deal with SKF, a multi-million-dollar strategic partnership with ServiceNow, and another multi-million-dollar engagement with a Europe-based Fortune Global 50 company.

CEO K Krithivasan said the company’s performance reflected sustained business momentum despite geopolitical uncertainty and macroeconomic challenges, with clients continuing to increase spending on AI, technology modernisation, cybersecurity and sovereign cloud infrastructure.