TCS Q3 Results: Analysts Expect ₹34.19 Per Share Dividend Ahead of January 12 Announcement

Tata Consultancy Services is scheduled to announce its third-quarter results on Monday, January 12, with investors closely monitoring both financial performance and potential dividend declarations. The IT services giant's dividend announcement has become a key focus area for market participants ahead of the results.

Q3 FY25 Dividend Expectations

Analysts tracked by Bloomberg anticipate TCS will announce a dividend of ₹34.19 per share for the third quarter. However, estimates show considerable variation among analysts, with projections ranging from a conservative ₹6.00 per share to an optimistic ₹75.00 per share across 26 analysts surveyed.

Parameter:	Details
Expected Q3 Dividend:	₹34.19 per share
Analyst Range:	₹6.00 - ₹75.00 per share
Number of Analysts:	26
Dividends Paid FY25 YTD:	₹22.00 per share

Full Year Dividend Projections

For the complete financial year, analysts expect TCS to distribute ₹115.72 per share in total dividends. Given that the company has already paid ₹22.00 per share during the current financial year, market expectations suggest approximately ₹94.00 per share in dividends for the remaining portion of FY25.

Historical Dividend Performance

TCS has demonstrated consistent dividend distribution patterns across recent financial years, though actual payouts have varied based on earnings performance and board decisions. The company's dividend history shows both alignment with and deviations from analyst expectations.

Financial Year:	Actual Dividend	Analyst Expectation	Variance
FY25:	₹126.00	₹121.03	+₹4.97
FY24:	₹73.00	₹74.06	-₹1.06
FY23:	₹115.00	₹95.93	+₹19.07
FY22:	₹43.00	₹52.35	-₹9.35
FY21:	₹38.00	₹46.16	-₹8.16
FY20:	₹73.00	₹73.10	-₹0.10

Third Quarter Dividend Patterns

Quarterly dividend data for third quarters reveals significant variations between analyst predictions and actual announcements. The pattern shows TCS has frequently surprised markets with dividend declarations that differ substantially from consensus estimates.

Quarter:	Actual Dividend	Expected Dividend	Difference
Q3 FY25:	₹76.00	₹28.71	+₹47.29
Q3 FY24:	₹27.00	₹10.63	+₹16.37
Q3 FY23:	₹8.00	₹8.00	₹0.00
Q3 FY22:	₹7.00	₹8.00	-₹1.00
Q3 FY21:	₹6.00	₹12.37	-₹6.37
Q3 FY20:	₹5.00	₹0.00	+₹5.00

The upcoming Q3 results announcement will provide clarity on TCS's dividend strategy for the quarter and offer insights into the company's capital allocation approach for the remainder of FY25.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.06%	-1.38%	-0.07%	-5.25%	-20.62%	+0.93%

Tata Consultancy Services (TCS), India's largest IT services exporter, is scheduled to announce its third quarter financial results for fiscal year 2026 today, Monday, January 12. The quarterly earnings release marks an important milestone for investors and stakeholders monitoring the company's performance.

Quarterly Results and Corporate Actions

Alongside the Q3 FY26 financial results, TCS will announce an interim dividend for its shareholders. The company has established January 17 as the record date for the dividend distribution.

Corporate Action Details:	Information
Results Announcement:	January 12 (Monday)
Dividend Type:	Interim Dividend
Record Date:	January 17
Company Status:	India's Largest IT Services Exporter

Market Significance

As India's leading information technology services company, TCS's quarterly performance serves as a key indicator for the broader IT sector. The simultaneous announcement of financial results and dividend details provides shareholders with comprehensive information about the company's operational performance and capital allocation strategy.

The timing of the results announcement and the established dividend record date allows investors to assess both the company's quarterly financial health and its commitment to returning value to shareholders through dividend distributions.