TCS Q2 Results: ₹12 Dividend, Record Date 14 October
TCS posted a ₹13,934 crore Q2 profit and a ₹12 interim dividend. Record date 14 October, payment 30 October. Who gets it, the tax on it and the key numbers.
By Balaji Anbazhagan
· 4 min read
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Tata Consultancy Services (TCS) reported its results for July–September 2026 on 8 October. Net profit rose 14.9% from a year earlier to ₹13,934 crore, and the board declared a second interim dividend of ₹12 a share. The record date is Wednesday 14 October, and the dividend will be paid on 30 October 2026. If you want the dividend, the shares must be in your demat account by the record date.
The short answer
- Dividend: ₹12 per share, the second interim dividend for 2026-27. Last year’s second-quarter dividend was ₹11.
- Record date: 14 October 2026. Under T+1 settlement, you must buy by 13 October to be on the list.
- Payment: 30 October 2026, straight to the bank account linked to your demat.
- Profit: ₹13,934 crore, up 14.9% from ₹12,131 crore a year ago.
- Revenue: ₹73,188 crore, up 11.2% from ₹65,799 crore.
- Share price: closed 0.42% lower at ₹2,075.25 on the day of the results.
The key numbers
| Measure | July–September 2026 | A year earlier |
|---|---|---|
| Revenue from operations | ₹73,188 crore | ₹65,799 crore |
| Net profit | ₹13,934 crore | ₹12,131 crore |
| Operating margin | 24% | – |
| New deals signed (total contract value) | $9.6 billion | – |
| Annual revenue from AI work | $3.1 billion | – |
| Employees at quarter end | 5,98,056 | – |
| Attrition (last 12 months) | 13.3% | – |
Chief Executive K Krithivasan said the company was “pleased with the broad-based growth in all our international markets and most industry segments”. He pointed to two new deals with Porsche and Best Buy.
Who gets the ₹12 dividend
You get the dividend if your name is on the company’s list of shareholders at the end of the record date, 14 October. Indian stock exchanges settle trades on a T+1 basis, so shares bought on a given day reach your demat account the next working day. In practice:
| If you buy on | Do you get the dividend? |
|---|---|
| Tuesday 13 October or earlier | Yes |
| Wednesday 14 October (ex-date) or later | No |
On the ex-date, the share price usually opens lower by roughly the dividend amount, so buying just before the record date to “collect” the dividend does not make you richer. You pay tax on the dividend, while the share price falls by about the same amount.
At ₹2,075, the ₹12 dividend works out to about 0.58% of the share price.
How the dividend is taxed
- Dividends are added to your income and taxed at your slab rate. In the 30% slab, ₹12 becomes about ₹8.40 after tax (before cess).
- TDS: the company deducts tax at source if your dividends from it in the year cross the threshold. The deduction appears in your Form 26AS and AIS, and you claim it when you file your return.
- If your total income is below the taxable limit, you can submit Form 15G (or 15H if you are 60 or older) to the registrar to avoid TDS.
Check what your total tax will be with the income tax calculator.
What to check if you hold TCS
- Your bank account details in the demat account. Dividends go to the bank account linked to your demat. If it is old or closed, the payment will bounce.
- Your PAN–Aadhaar link. If they are not linked, TDS is deducted at a higher rate.
- Your average buying price, if you have bought at different prices this year. The stock average calculator works it out.
This is information, not investment advice. SmartFigure is not registered with SEBI as an investment adviser or research analyst.
Frequently asked questions
What is the TCS dividend record date in October 2026? 14 October 2026. The dividend of ₹12 per share will be paid on 30 October 2026.
What is the last day to buy TCS shares for the dividend? 13 October 2026. Because of T+1 settlement, shares bought on the record date itself do not reach your account in time.
How much dividend has TCS paid this year? This is its second interim dividend for 2026-27, after one with the April–June results. For the same quarter last year, TCS paid ₹11 a share.
Is the TCS dividend taxable? Yes. Dividends are taxed at your income-tax slab rate, and the company may deduct TDS.
Sources
- Business Today, “TCS Q2 FY27 results: net profit rises 15% to Rs 13,934 crore, declares Rs 12 dividend”, 8 October 2026: businesstoday.in
- Angel One, “TCS Declares ₹12 Interim Dividend for FY27: Record Date, Payment Date and Key Details”, 8 October 2026: angelone.in
- Business Today, “TCS dividend 2026: record date, dividend history, Q2 results preview”, 6 October 2026: businesstoday.in
This article is for general information and education, not financial, tax or investment advice. Rules and rates change; check official sources or consult a qualified professional before acting. See our disclaimer.