Tata Consultancy Services Limited has filed its Integrated Annual Report for FY 2026 with the National Stock Exchange of India Limited and BSE Limited, pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report covers the financial year April 1, 2025 to March 31, 2026, and encompasses financial performance, AI-led strategy, governance, sustainability, and shareholder information. The company's 31st Annual General Meeting has been scheduled for Tuesday, June 9, 2026, at 10:30 a.m. IST, to be held through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The notice was signed by Yashaswin Sheth, Company Secretary, on May 15, 2026.

Financial Performance Overview

TCS delivered strong financial results for FY 2026. Both the Operating Margin and Net Margin were the highest over the past four years. The company's order book closed at US$ 40.7 billion for the year. The closing balance of retained earnings on a standalone basis for FY 2026 was ₹84,329 crore. The following table summarises the consolidated and standalone financial performance for the year:

In FY 2026, the company incurred certain non-recurring exceptional items — restructuring charges of ₹1,388 crore (consolidated), a provision towards a legal claim of ₹1,010 crore, and the statutory impact of new Labour Codes amounting to ₹2,128 crore. These have been excluded from underlying financial commentary.

Dividend and Shareholder Returns

The Board of Directors recommended a final dividend of ₹31 per equity share for FY 2026, subject to shareholder approval at the AGM. The record date for the final dividend is Monday, May 25, 2026, with payment scheduled for Friday, June 12, 2026. The total dividend on equity shares for FY 2026 amounts to 11,000% of the paid-up value of each share.

Segmental Performance

TCS identifies industry verticals as its primary reportable segments. The revenue breakdown by industry vertical for FY 2026 is presented below:

AI-Led Strategy and Key Corporate Developments

The company's strategic aspiration is to become the world's largest AI-led technology services company, anchored in its Full Stack AI Services strategy spanning infrastructure to intelligence. Key developments during FY 2026 include:

• HyperVault AI Data Center Limited was incorporated as a wholly owned subsidiary on October 29, 2025. TCS and TPG committed to invest up to ₹18,000 crore over the next few years in the ratio of 51:49 respectively, with an initial plan to build 1GW of data centre capacity in India.
• ListEngage was acquired on October 10, 2025 for a consideration of US$69 million (₹612 crore), strengthening TCS' Salesforce capabilities.
• Coastal Cloud was acquired on January 14, 2026 for a consideration of US$707 million (₹6,386 crore), positioning TCS among the top five global Salesforce advisory and consulting firms.
• Over 270,000 associates now possess advanced AI/ML skills, supported by 69 million learning hours and 186,000 external certifications in FY 2026.
• TCS was rated a Leader in 165 competitive positioning assessments by leading analyst firms.
• Brand Finance ranked TCS as the world's second-most valuable IT services brand for the 5th consecutive year, with a valuation of US$ 21.2 billion, accompanied by an upgrade to an AAA brand strength rating for the first time.
• R&I spend for FY 2026 was ₹2,900 crore, representing 1.1% of revenue.
• Global CSR spend stood at ₹1,153 crore, benefiting over 18.1 million people.

AGM Details and E-Voting Schedule

The key dates and logistics for the 31st AGM are summarised below:

The Integrated Annual Report for FY 2026 is available on the company's website at www.tcs.com .

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Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has announced a global strategic partnership with Rezolve Ai, a leading AI-native commerce infrastructure provider. Announced on May 12, 2026, the collaboration marks TCS' entry into the agentic AI commerce market, with both companies committing to help retailers worldwide embed AI into core commerce workflows at enterprise scale.

Partnership Overview

Under the partnership, TCS will enable retail enterprises to leverage Rezolve Ai's proprietary intelligent commerce platform, brainpowa™. The specialized agentic solutions are designed to facilitate retailers in creating AI-led experiences across conversational commerce, intelligent discovery, and agentic checkout. Together, TCS and Rezolve Ai will jointly enable global retail enterprises to integrate production-grade AI solutions within their core commerce workflows.

Leadership Perspectives

Senior executives from both organizations have underscored the strategic significance of the alliance. Daniel M. Wagner, Chief Executive Officer, Rezolve Ai, stated, "This partnership is a major commercial milestone for Rezolve Ai. TCS brings extraordinary reach, deep enterprise trust, and global execution capability. Together, we are creating a clear pathway to take agentic commerce from platform innovation to enterprise-scale deployment. We believe, this collaboration will significantly accelerate enterprise adoption of our technology and further strengthen Rezolve Ai's position as a category leader in AI-powered commerce."

Shekar Krishnan, Head of Retail, UK and Europe, TCS, added, "Enterprises are increasingly seeking AI solutions that deliver measurable business outcomes at scale. Our partnership with Rezolve Ai combines TCS' global transformation capabilities with a specialized AI-powered commerce platform built for real-world enterprise deployment. Together, we aim to help customers modernize digital commerce in ways that improve customer experience and commercial performance. This partnership is a key component of TCS' strategy to create an integrated AI ecosystem bringing together in-house innovation with strategic partnerships to industrialize AI and deliver scalable, real-world outcomes for enterprises."

Strategic Significance and Global Reach

The partnership combines TCS' deep enterprise relationships, global delivery network, and go-to-market capabilities with Rezolve Ai's native technology for the retail sector. TCS will help organizations scale AI-led commerce solutions reliably and responsibly, achieving enterprise-grade deployment capabilities by leveraging Rezolve Ai's platform innovation across global markets. Global retailers will also be able to experience this agentic commerce solution hands-on across TCS' global network of Pace Port™ innovation centers.

This collaboration is central to TCS' broader mission of making AI practical for organizations and ensuring they gain tangible, large-scale benefits from AI technology. TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2026, and operates with a highly skilled workforce spread across 56 countries and 194 service delivery centers worldwide.