TCS share price, Oct. 10 -- Shares of IT major Tata Consultancy Services (TCS) fell over 1% in early trade on Friday after it reported its Q2 results. TCS shares declined as much as 1.53% to Rs.3015.00 apiece on the BSE.

TCS, the largest IT services exporter in India, reported a net profit of Rs.12,075 crore in Q1FY26, registering a fall of 3.8% from Rs.12,760 crore in the previous quarter. The company's revenue rose 3.7% QoQ to Rs.65,799 crore, with CC revenue growth at 0.8%.

At the operational level, EBIT increased 6.8% to Rs.16,565 crore, while EBIT margin improved by 70 bps to 25.2%, QoQ.

TCS board of directors declared a dividend of Rs.11 per share.

The IT major also announced strategic investments, including a new business entit...