TCS payouts to Tata Sons fall as acquisitions, AI push weigh on cash flows

Its latest payout of ₹28,292.1 crore in the financial year ended March 2026 was lower than the previous year’s ₹32,184.2 crore, marking the third decline in total shareholder returns  over the past six years, and the fourth such fall since the company went public in 2004.

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