Press Release

TCS/BM/55/SE/2026-27 July 9, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Bandra Kurla P. J. Towers, Complex, Bandra (East) Dalal Street, Mumbai - 400051 Mumbai - 400001 Symbol - TCS Scrip Code No. 532540 Dear Sirs, Sub: Press Release Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of a Press Release which will be disseminated shortly. The Press Release is self-explanatory. The above information is also available on the website of the Company: www.tcs.com Thanking you, Yours faithfully, For Tata Consultancy Services Limited Yashaswin Sheth Company Secretary ACS 15388 Encl: As above 9th Floor Nirmal Building Nariman Point Mumbai 400 021 Tel 91 22 6778 9595 Fax 91 22 6630 3672 e-mail corporate.office@tcs.com website www.tcs.com Registered Office 9th Floor Nirmal Building Nariman Point Mumbai 400 021 Corporate Identity No. (CIN): L22210MH1995PLC084781 TATA CONSULTANCY TATA SERVICES Press Release For immediate use Ind-AS & IFRS ₹ TCS begins FY27 with continued growth; wins multiple AI transformation deals - Q1 Revenue at ₹72,275 crore; Growth +2.2% QoQ, +13.9% YoY in INR, +0.4% QoQ in CC - Annualized AI Revenue at US$ 2.6 billion in Q1FY27, up 13.6% QoQ - Operating Margin at 24.0%*; Net Margin at 19.2%* - Q1 Total Contract Value (TCV): US$ 9.5 billion - Signs net-new AI-led business transformation deals o US$ 800 million mega deal with SKF o Multi-million $ strategic partnership agreement with ServiceNow o Multi-million $ with Europe-based Fortune Global 50 MUMBAI, July 9, 2026: Tata Consultancy Services (BSE: 532540, NSE: TCS) reported its consolidated financial results according to Ind AS and IFRS, for the quarter ending June 30, 2026. Highlights of the Quarter Ended June 30, 2026 • Revenue at ₹72,275 crore, +2.2% QoQ, +13.9% YoY • Operating Margin at 24.0%* • Net Income at ₹13,849 crore*, +8.5% YoY* | Net Margin at 19.2%* • Net Cash from Operations at ₹12,412 crore i.e. 93% of Net Income • Workforce strength: 593,798; LTM Attrition (IT Services): 13.6% • Dividend per share: ₹12 per share| Record date 15-Jul-2026 | Payment date 31-Jul-2026 * Excludes exceptional items K Krithivasan, Chief Executive Officer and Managing Director, said “Q1 FY27 reflects continued growth momentum and the strength of our strategic positioning, despite geopolitical and macro-economic headwinds. We delivered a strong order book of $9.5 billion, including a marquee AI-led transformation deal with SKF, while continuing to add clients across key revenue bands and scaling our AI business to a $2.6 billion annualized revenue run rate. As customers accelerate investments in AI, modernization, cybersecurity, sovereign cloud and platform simplification, our strong deal conversion, improving client mining and expanding ecosystem partnerships position TCS well to translate opportunity into sustained growth”. Page 1 of 11 TATA CONSULTANCY TATA SERVICES Press Release For immediate use Aarthi Subramanian, Executive Director - President and Chief Operating Officer, said “Q1 was characterized by strong growth across several services. We won multiple AI-led transformation deals with our dual commitment to AI-led optimization as well as innovation-led outcomes. These wins validate our approach to AI-led efficient ITOps, accelerated Software Engineering and Modernization, AI-first process redesign and implementation of SaaS solutions and Autonomous GBS. We signed strategic partnerships with Anthropic and Mistral expanding our AI ecosystem”. Samir Seksaria, Chief Financial Officer, said, “In Q1, we rolled out annual wage hikes, strengthened our partnership ecosystem, and targeted investments to enhance long-term competitiveness. We remain focused on building, acquiring, or partnering for AI-led capabilities while maintaining disciplined execution, industry- leading profitability and return ratios”. Sudeep Kunnumal, Chief HR Officer, said “This quarter, we completed annual salary increments for all associates globally and aligned salary structures with the new India Labour Code requirements. We continue to invest in AI infrastructure, next-generation skill development platforms, to enable our people to be future- ready, while fostering a workplace where every associate feels safe, valued, trusted and empowered to grow”. Q1 FY27 Segment Highlights Growth by Domain Industry Composition (%) Q-o-Q Y-o-Y CC CC Growth Growth Q1 FY26 Q4 FY26 Q1 FY27 (%) (%) BFSI 32.0 31.6 32.1 1.6 2.4 Consumer Business 15.6 15.7 15.0 - 4.0 - 1.2 Life Sciences & Healthcare 10.2 10.4 10.3 - 1.0 3.5 Manufacturing 8.7 8.8 8.7 - 0.5 2.9 Technology & Services 8.4 8.4 8.5 1.7 3.5 Communication & Media 5.8 5.8 5.8 0.3 1.4 Energy, Resources and Utilities 5.9 6.3 6.3 - 0.7 6.9 Regional Markets & Others 13.4 13.0 13.3 4.0 9.0 Total 100.0 100.0 100.0 0.4 3.2 Page 2 of 11 TATA CONSULTANCY TATA SERVICES Press Release For immediate use Growth by Markets Q-o-Q Y-o-Y Composition (%) CC CC Geography Growth Growth Q1 FY26 Q4 FY26 Q1 FY27 (%) (%) Americas North America 48.7 48.5 48.3 - 0.4 2.0 Latin America 1.9 1.9 2.0 0.6 - 2.1 Europe UK 18.0 17.2 17.2 0.3 - 0.6 Continental Europe 15.0 15.6 15.4 - 0.2 4.3 Asia Pacific 8.4 8.3 8.4 1.4 2.5 India 5.8 6.0 6.2 7.6 22.9 MEA 2.2 2.5 2.5 - 1.8 7.6 Total 100.0 100.0 100.0 0.4 3.2 Key Highlights for the quarter • Won a landmark US$800 million global AI-led business transformation deal with SKF; redesigning enterprise operations around an intelligent digital core. The program establishes AI as the enterprise nervous system, harmonizing fragmented processes, data, and platforms into a self-learning operational backbone that drives predictive decision-making, autonomous optimization, and enterprise-wide agility at scale. This engagement modernizes SKF’s entire technology landscape, positioning the company as an ‘AI-first’ industrial manufacturer while providing global end-to-end managed services encompassing infrastructure, applications, data, and global connectivity. • Won a deal with a North American utility major for its AI-driven utility transformation into a future- ready, innovation-led operating model. By embracing AI at scale, the utility major is pioneering the development of an enterprise-wide digital ecosystem spanning grid operations, customer experience, asset management, and workforce enablement, while building a scalable foundation with strong AI governance and lifecycle management. This partnership involves establishing an Enterprise AI and Data CoE to scale AI governance, data and adoption. We will also deploy Agentic AI for AI-driven IT Ops, Software Engineering and workflows. • Won a multi-million dollar deal with a Europe-based Fortune Global 50 firm for transforming employee experience and HR operations using Agentic AI-driven operating model. Page 3 of 11 TATA CONSULTANCY TATA SERVICES Press Release For immediate use • TCS and ServiceNow have further elevated their strategic partnership to accelerate large-scale AI adoption for enterprises. In a multi-million $ partnership agreement, TCS & ServiceNow will leverage joint go-to-market initiatives and opportunities to drive growth and customer value. • As TCS and ABB celebrate 20 years of strategic partnership, the companies have further strengthened their collaboration through a new multi-million-dollar Future Network Model engagement. Over the next five years, the AI-enabled program will modernize ABB’s global network operations through intelligent automation, enhanced cyber resilience, and next-generation managed services, improving operational agility and business continuity while advancing ABB’s digital transformation agenda. • TCS has been selected by a large U.S. healthcare payer, to accelerate its SRE transformation through an AI first, Agentic Operations model. The new AI led operating model will deliver automated ticket resolution, persistent observability, proactive reliability enginee [Showing first 8,000 characters — download PDF for full document]