Corporate News Highlights

TCS Q2 Results Show 4% Rise in Net Profit

TCS Q2 Results for FY27 showed a 4% sequential increase in consolidated net profit to Rs 13,884 crore. Tata Consultancy Services (TCS) reported profit of Rs 13,349 crore in the preceding June quarter. That figure included an exceptional loss of Rs 668 crore related to a legal claim settlement. Consolidated revenue from operations rose 1.3% quarter-on-quarter to Rs 73,188 crore from Rs 72,275 crore, according to the company’s exchange filing.

Reports Growth Across International Markets

TCS CEO and Managing Director K. Krithivasan said the company recorded broad-based growth across international markets and most industry segments. During the quarter, the company announced two transformation partnerships with Porsche and Best Buy.

TCS described these engagements as a new category of partnerships focused on building repeatable value platforms and industrialising artificial intelligence (AI) at scale. The company continues to pursue transformation opportunities as businesses explore the application of AI across their operations.

TCS Declares Rs 12 Interim Dividend

The company’s workforce stood at 598,056 employees as of September 30, 2026. Last-twelve-month attrition in IT Services was 13.3%.

The board declared a second interim dividend of Rs 12 per equity share of face value Re 1 for FY27. TCS scheduled payment by the end of October to shareholders whose names appear in the company’s records as of October 14.

TCS Shares Trade Lower Ahead of Results

TCS shares closed 0.42% lower at Rs 2,075.25 on the BSE on Thursday, ahead of the results announcement. Exchange data showed a 52-week high of Rs 3,336.70 and a low of Rs 1,976.

The stock declined approximately 8% over the preceding month and 35.7% year-to-date. It also fell more than 30% over the one-year period.

The TCS Q2 Results showed sequential growth in profit and revenue, alongside a new interim dividend and transformation partnerships with Porsche and Best Buy. Investors will continue to monitor the company’s performance across international markets, its AI-related engagements and movements in its share price.

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