TCS Q3 profit falls 14 per cent as exceptional costs and legal hits drag FY26 results
By
Binu Mathew
Tata Consultancy Services (TCS) on Monday reported a 14 per cent year-on-year drop in consolidated net profit for Q3FY26 to ₹10,657 crore from ₹12,380 crore in Q3FY25, missing Street estimates, as large exceptional charges linked to restructuring, labour law changes and a US legal provision weighed on earnings for the quarter.
Profit before exceptional items and taxes in Q3FY26 stood at ₹17,469 crore, up 4.81 per cent over ₹16,666 crore in Q3FY25.
