TCS Q2 FY27 Results: Profit Rises, AI Revenue Crosses $3.1 Billion
Business FinancePosted by admin on 2026-10-09 04:49:37 |
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Tata Consultancy Services reports higher quarterly revenue and profit, announces a ₹12 dividend, and strengthens its focus on artificial intelligence and global partnerships.
Tata Consultancy Services (TCS), one of India's largest IT services companies, announced its financial results for the second quarter of FY 2026–27, covering the three months ended September 30, 2026. The company reported year-on-year growth in revenue and net profit, while artificial intelligence (AI) continued to emerge as a major contributor to its business.
According to the company's official announcement dated October 8, 2026, TCS recorded revenue of approximately ₹73,188 crore for the quarter, reflecting an increase of 11.2% compared with the same period last year. Net profit also increased by around 15% year-on-year, highlighting the company's ability to maintain profitability amid changes in global technology spending. <escape>Source: TCS</escape>
Key Highlights of TCS Q2 FY27 Results
The company's major financial and operational figures include:
Revenue: ₹73,188 crore, up approximately 11.2% year-on-year.
Net profit: Approximately ₹13,934 crore, an increase of around 14.9% year-on-year.
AI revenue: Annualised AI revenue reached US$3.1 billion, accounting for more than 10% of the company's revenue.
New contracts: Total Contract Value (TCV) stood at US$9.6 billion during the quarter.
Operating margin: 24%.
Dividend: ₹12 per equity share as a second interim dividend for FY27.
These results demonstrate continued financial growth, although the company's sequential revenue growth remained relatively modest.