Tata Consultancy Services (TCS) reported a 15% year-on-year increase in consolidated net profit to ₹13,884 crore for the second quarter ending September 30, 2026. Revenue from operations rose 11.2% to ₹73,188 crore, while the company declared a second interim dividend of ₹12 per share. AI-led revenue reached an annualized $3.1 billion, accounting for over 10% of total revenue during the quarter, according to livemint.com.
The company’s board approved the dividend amid a 1.3% sequential revenue growth and a 1.2% increase in international revenue in constant currency terms. CEO and MD K Krithivasan highlighted broad-based growth across international markets and industry segments. TCS launched the Consumer Business Group Gemini Experience Centre in Kolkata, showcasing AI innovations built with Google Cloud and Google’s Gemini models. The total contract value for the quarter stood at $9.6 billion, including strategic deals with Porsche AG and Best Buy, per economictimes.indiatimes.com.
TCS’s AI revenue growth underscores its expanding role in enterprise transformation, cybersecurity, and AI-native solutions. Executive Director Aarthi Subramanian noted strong demand for AI-led services and autonomous global business functions. The company’s operating margin was 24%, with net margins at 19%, reflecting resilience amid a weak IT demand environment. The $9.6 billion contract value provides visibility and stability, positioning TCS among leading IT service providers in India and globally.
Net cash from operations reached ₹14,190 crore, exceeding 102% of net income for the quarter. The company’s AI-led revenue growth and strategic partnerships with global clients like Porsche AG mark significant milestones in its digital transformation journey, as detailed in the Q2 FY27 results released this week.