India's three largest listed IT services companies have announced interim dividends as the first-quarter earnings season continues, with TCS and HCL Technologies declaring higher payouts than Wipro. According to reports from NDTV Profit, the announcements differ in dividend amount, record date and payment schedule, with investors required to be shareholders before the ex-dividend date and appear on the company's records on the respective record date to receive the dividend.
Tata Consultancy Services Ltd. has declared an interim dividend of ₹12 per equity share with a face value of Re 1. As reported by NDTV Profit, the company fixed July 15, 2026, as the record date and will pay the dividend on July 31, 2026. "The interim dividend shall be paid on Friday, July 31, 2026, to the equity shareholders of the Company, whose names appear on the Register of Members or in the records of the Depositories as beneficial owners of the shares as on Wednesday, July 15, 2026, which is the Record Date fixed for the purpose," TCS said in an exchange filing.
HCL Technologies Ltd. also declared a second interim dividend of ₹12 per equity share for FY27, with shares having a face value of ₹2. According to NDTV Profit, the company fixed July 17, 2026, as the record date and will make the payment on July 27, 2026. "The record date is 17th of July 26, and the payment date shall be 27th of July 26. This brings our last 12 months payout to ₹60 per share, effectively distributing 93.2% of our net income," HCL Technologies' management stated.
Wipro Ltd.'s board approved an interim dividend of ₹2 per equity share with a face value of ₹2, making it the lowest among the three companies. As reported by NDTV Profit, the company fixed July 27, 2026, as the record date to determine eligible shareholders and said the dividend will be paid on or before August 14, 2026. The dividend announcement came alongside Wipro's Q1 FY27 results, where the company reported 1% year-on-year growth in consolidated net profit at ₹3,352 crore, slightly below the estimated 2% rise. Revenue meanwhile rose around 11% YoY to ₹24,478.6 crore, slightly falling below the 12% estimate. Wipro had previously declared an interim dividend of ₹6 per share earlier this year and ₹5 per share in July last year.
Wipro shares gained 2% to close at nearly ₹178 apiece on NSE before the results release, with the stock having gained around 3% in one week despite falling 33% in 2026 so far. Looking ahead, Wipro provided cautious guidance for the July-September quarter, expecting revenue from its IT Services business segment to be in the range of $2,574 million to $2,627 million. The company emphasized its focus on AI-led business transformation, with CEO Srini Pallia noting that "clients are moving beyond technology modernization to AI-enabled operating models." Wipro has declared 37 dividends since May 2000 and maintains a dividend yield of 6.19%, according to Trendlyne data.
