TCS Q3 RESULT
Tata Consultancy Services (TCS) reported a weaker-than-expected performance for the third quarter of FY26, with its consolidated net profit declining 14 percent year-on-year to Rs 10,657 crore. The results fell well short of market expectations and reflected continued pressure on profitability amid a challenging global IT spending environment.
According to the IT major’s stock exchange filing, TCS posted revenue of Rs 67,087 crore for the October–December quarter, marking a 5 percent increase compared to the same period last year. While revenue growth remained positive, it was not strong enough to offset the decline in profitability, which disappointed analysts.
Market expectations were significantly higher. A CNBC-TV18 poll of analysts had estimated TCS’s Q3 FY26 net profit at Rs 12,771 crore, while revenue was projected at Rs 66,728 crore. The sharp miss on the profit front raised concerns over margin pressures and slower-than-anticipated recovery in global technology demand.
Despite the earnings miss, TCS shares ended 1.1 percent higher at Rs 3,243 on the National Stock Exchange on the day of the results announcement. However, the stock has remained under pressure over the past year, declining more than 24 percent on a year-on-year basis, reflecting broader weakness in the IT sector.
At current levels, TCS has a market capitalisation of around Rs 11.75 lakh crore, retaining its position as India’s largest IT services company by valuation. Investors are expected to closely track management commentary on client spending, deal pipelines, and margin outlook to gauge the company’s growth prospects in the coming quarters.TCS