ReferIndia News India's top IT firms pay record Rs 1 lakh crore dividend even as stocks take a beating

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India's top IT firms pay record Rs 1 lakh crore dividend even as stocks take a beating

Published on: May 18, 2026, 5 a.m. | Source: Moneycontrol

TCS, the index's largest constituent, saw its dividend decline 12.7 percent to Rs 39,820 crore in FY26 from Rs 45,588 crore in FY25. Coforge recorded a steeper fall, with its combined payout dropping over 20 percent to Rs 404 crore from Rs 509 crore in the previous fiscal. HCL Technology held its dividend unchanged at Rs 16,290 crore.

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