Business
TCS Q2 net profit rises to Rs 13,884 crore
The Hindu BusinessLine··4d ago
Tata Consultancy Services reported Rs 13,884 crore net profit for the September quarter, up 14.9 percent. Revenue rose 11 percent to Rs 73,188 crore. Annualised AI revenue reached $3.1 billion. Total contract value was $9.6 billion. The board declared a Rs 12 interim dividend. CEO K Krithivasan cited Porsche and Best Buy deals among international wins.
Prism
What It Means For You
- Shareholders get a second interim dividend of Rs 12 per equity share of Rs 1 face value.
- Operating margin stayed at 24 percent for the quarter.
- Headcount rose by 4,258 employees to 598,056.
What's Happening
- Quarter-on-quarter, net profit rose 4 percent and revenue rose about 1.26 percent.
- Business Standard said Bloomberg had expected revenue near Rs 73,108 crore and profit near Rs 13,786 crore.
- Voluntary LTM attrition was reported at 13.3 percent.
How the quarter was paced
- The results cover the July-September quarter of FY 2026-27.
- AI annualised revenue crossed 10 percent of sales in the company briefing.
- India revenue declined 10.3 percent year on year in The Hindu BusinessLine account.
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