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TCS announces Rs 57 dividend alongside December quarter results
MUMBAI: Tata Consultancy Services has given investors something to smile about, announcing a chunky payout even as the global tech mood stays cautious.
India’s largest IT services firm on Monday declared a total dividend of Rs 57 per share, combining a third interim dividend of Rs 11 with a special dividend of Rs 46. The payout will be credited on February 3 to shareholders on record as of January 17.
The announcement came alongside the company’s financial results for the quarter ended December 31, 2025. TCS reported consolidated revenue of Rs 67,087 crore for the quarter, up from Rs 63,973 crore a year earlier. Net profit stood at Rs 10,720 crore, reflecting steady performance amid a testing environment for global technology spending.
For the nine months ended December, revenue rose to Rs 1.96 lakh crore, while profit came in at Rs 35,670 crore. Banking, financial services and insurance continued to anchor growth, remaining the company’s largest and most profitable segment.
There were a few bumps along the way. Profit was impacted by one-time costs linked to restructuring, the financial effect of India’s new labour codes, and a provision made towards an ongoing legal case in the United States. Together, these exceptional items weighed on the bottom line, though TCS maintained that its core business remained resilient.
The company also stayed busy on the deal front. It completed the acquisition of ListEngage, a Salesforce-focused firm, and announced plans to buy US-based Coastal Cloud for $700 million, reinforcing its push into cloud-led digital services.
Despite global uncertainty, the board’s decision to announce a special dividend signals confidence in cash flows and balance sheet strength. For shareholders, it was a reminder that while the tech cycle may ebb and flow, TCS still knows how to share the spoils.
As the year gathers pace, the IT major appears set on a familiar path: cautious optimism, steady execution, and the occasional sweetener along the way.
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Bajaj Consumer Care FY26 profit rises to Rs 193.7 crore
Revenue climbs to Rs 1,092 crore as profit grows 49 per cent YoY
MUMBAI: Hair today, growth tomorrow Bajaj Consumer Care Limited seems to have found its shine again, posting a sharp jump in profitability even as it doubled down on brand spends and expansion. The company reported a net profit of Rs 193.7 crore for FY26, marking a strong 49 per cent rise from Rs 130.1 crore in FY25. Revenue from operations also grew to Rs 1,092.2 crore, up from Rs 942.8 crore a year earlier, signalling steady demand momentum across its portfolio.
For the March quarter, profit stood at Rs 64.1 crore, compared to Rs 31.5 crore in the corresponding period last year, while revenue rose to Rs 308.3 crore from Rs 243.5 crore.
The performance came despite a notable increase in spending. Advertising and sales promotion expenses climbed to Rs 168.3 crore in FY26, up from Rs 137.8 crore in FY25, reflecting continued investment in brand building. Other expenses also rose to Rs 151.3 crore from Rs 134.2 crore, indicating a broader push towards growth.
Operating efficiency, however, held firm. Profit before tax increased to Rs 234.8 crore in FY26 from Rs 157.7 crore a year earlier, supported by disciplined cost management across materials and inventory.
On the balance sheet, the company’s total assets expanded to Rs 959.1 crore as of March 31, 2026, compared to Rs 931.9 crore a year earlier. Other equity rose to Rs 780.3 crore, reinforcing a stronger financial base.
Cash flow from operations saw a significant uptick, reaching Rs 196.9 crore in FY26, nearly three times the Rs 67.9 crore recorded in FY25, highlighting improved working capital management.
However, the year also saw aggressive capital allocation. The company spent Rs 190.2 crore on share buybacks, contributing to a net cash outflow of Rs 196.5 crore from financing activities. Cash and cash equivalents stood at Rs 6.8 crore at the end of the year, down from Rs 25.6 crore.
Even as investments in subsidiaries and assets continued, the numbers suggest a company balancing growth ambitions with shareholder returns keeping one eye on expansion and the other on efficiency.
With margins improving and revenue steadily climbing, Bajaj Consumer Care appears to be combing through the competition with renewed confidence.
