National

TCS Q2 results: profit rises 15% to ₹13,884 crore, AI revenue crosses $3 billion

By /

In its TCS Q2 results announced on Thursday, 8 October 2026, Tata Consultancy Services reported a 15% year-on-year rise in consolidated net profit to ₹13,884 crore for the July–September quarter, up from ₹12,075 crore a year earlier. The board declared a second interim dividend of ₹12 per share.

Key facts

  • Net profit: ₹13,884 crore, up 15% year-on-year and 4% on the quarter
  • Revenue: ₹73,188 crore, up 11.2% year-on-year
  • Operating margin: 24%; net margin 19%
  • Annualised AI revenue: $3.1 billion, over 10% of revenue
  • Deal wins (TCV): $9.6 billion
  • Dividend: ₹12 a share; record date 14 October, payment 30 October

AI business crosses $3 billion

TCS said annualised AI revenue reached $3.1 billion in the quarter and now makes up more than 10% of revenue. Chief Operating Officer Aarthi Subramanian said demand came from AI-native solutions, AI-led enterprise transformation, autonomous global business services and cybersecurity, The Economic Times reported.

CEO K Krithivasan said growth was broad-based across international markets. Key wins included a five-year partnership with Porsche AG, with a proposed acquisition of its consulting arm MHP, and an agreement to turn Best Buy’s Global Capability Center in India into an AI Capability Center.

Markets and headcount in the TCS Q2 results

In constant currency, revenue grew 0.5% over the previous quarter. Among industry verticals, banking, financial services and insurance (BFSI), the largest business, grew 2.5% sequentially in constant currency, while manufacturing and technology and services grew 3.1% each. The UK was the strongest large market, up 3.5% sequentially, while North America and Continental Europe grew only 0.4% each. India revenue fell 10.3% on the quarter but was 6% higher than a year earlier. The workforce stood at 598,056, with IT services attrition steady at 13.3%. Net cash from operations was ₹14,190 crore.

Why it matters

The results came after market hours on a day the Sensex fell over 1,000 points and the US suspended TCS and other IT firms from its PERM green card programme. Profit beat Street estimates of close to ₹13,700 crore, The Hindu BusinessLine reported, putting the stock in focus on Friday.

Source: The Economic Times, Moneycontrol, The Hindu BusinessLine, Business Upturn

Share

Today’s News 8 Oct 2026 · 16 stories

  1. UPI MDR rollout from 15 October may be pushed to January 20271UPI MDR rollout from 15 October may be pushed to January 2027Oct 8, 2026
  2. TCS Q2 results: profit rises 15% to ₹13,884 crore, AI revenue crosses billion2TCS Q2 results: profit rises 15% to ₹13,884 crore, AI revenue crosses $3 billionOct 8, 2026 · Reading now
  3. Nana Patekar dies at 75 after cardiac arrest in Goa; PM Modi, Akshay Kumar lead tributes3Nana Patekar dies at 75 after cardiac arrest in Goa; PM Modi, Akshay Kumar lead tributesOct 8, 2026
  4. CEC protest Day 3: INDIA bloc sits at Raj Ghat as 42 ex-judges back Election Commission4CEC protest Day 3: INDIA bloc sits at Raj Ghat as 42 ex-judges back Election CommissionOct 8, 2026
  5. Cancer drugs price cut: Centre caps trade margins at 30% of MRP for 110 medicines5Cancer drugs price cut: Centre caps trade margins at 30% of MRP for 110 medicinesOct 8, 2026
  6. Sensex crash: index sinks 1,045 points to 32-month low, investors lose ₹10 lakh crore6Sensex crash: index sinks 1,045 points to 32-month low, investors lose ₹10 lakh croreOct 8, 2026
  7. GST Council meeting scraps arrest powers, raises prosecution threshold to ₹5 crore7GST Council meeting scraps arrest powers, raises prosecution threshold to ₹5 croreOct 8, 2026
  8. US suspends TCS, Infosys, Wipro and HCL from PERM green card programme8US suspends TCS, Infosys, Wipro and HCL from PERM green card programmeOct 8, 2026
  9. France school protests: PM Lecornu vows action plan as 375 schools shut9France school protests: PM Lecornu vows action plan as 375 schools shutOct 8, 2026
  10. Maduro torture charges: US accuses Venezuela’s ex-leader and wife of torturing detainees, including Americans10Maduro torture charges: US accuses Venezuela’s ex-leader and wife of torturing detainees, including AmericansOct 8, 2026
  11. Anne Carson Nobel Prize: Canadian poet wins the 2026 literature award11Anne Carson Nobel Prize: Canadian poet wins the 2026 literature awardOct 8, 2026
  12. Kramatorsk bus attack: Russian glide bomb kills at least 30, Zelensky vows response12Kramatorsk bus attack: Russian glide bomb kills at least 30, Zelensky vows responseOct 8, 2026
  13. Saudi airport attacks: India tells nationals to stay indoors as Riyadh flights are cancelled13Saudi airport attacks: India tells nationals to stay indoors as Riyadh flights are cancelledOct 8, 2026
  14. IND vs WI 2nd T20I: India eye 2-0 lead in Ranchi after Shreyas Iyer’s maiden hundred14IND vs WI 2nd T20I: India eye 2-0 lead in Ranchi after Shreyas Iyer’s maiden hundredOct 8, 2026
  15. Starlink India licence row: Musk asks if Ambani is the ‘real boss’, Centre denies bias15Starlink India licence row: Musk asks if Ambani is the ‘real boss’, Centre denies biasOct 8, 2026
  16. India peace plan: Kremlin thanks New Delhi as Kyiv calls 3-part truce proposal the broadest16India peace plan: Kremlin thanks New Delhi as Kyiv calls 3-part truce proposal the broadestOct 8, 2026

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top