TCS Net Profit Up 0.25% To ₹13,884 Crore In Q2 FY27, Revenue Rises To ₹73,188 Crore
Mumbai: Tata Consultancy Services (TCS) on October 8, 2026, announced its consolidated financial results for the quarter ended September 30, 2026, reporting a net profit of ₹13,884 crore. Financial Performance Consolidated revenue for the quarter reached ₹73,188 crore, marking a 1.3% quarter-on-quarter (QoQ) growth and an 11.2% year-on-year (YoY) increase in INR terms. In constant currency, the…
On October 8, 2026, Tata Consultancy Services (TCS) disclosed its second quarter financial results for the fiscal year 2027. The company reported a net profit of ₹13,884 crore, which represented a slight increase of 0.25% compared to the previous quarter. Revenue for the quarter rose to ₹73,188 crore, marking a 1.3% growth quarter-on-quarter and an 11.2% increase year-on-year in Indian rupee terms. Constant currency revenue growth, however, was lower at 0.5% quarter-on-quarter.
The growth was led by several key segments. The Banking, Financial Services, and Insurance (BFSI) sector grew by 2.5% quarter-on-quarter in constant currency, followed by Manufacturing and Technology & Services, both up by 3.1% quarter-on-quarter in constant currency. International revenue also increased by 1.2% quarter-on-quarter in constant currency.
AI revenue surpassed US$ 3.1 billion in Q2 FY27, contributing over 10% to total revenue. The company's operating margin stood at 24.0% and net margin at 19.0%. In terms of strategic deals, TCS secured a total contract value (TCV) of US$ 9.6 billion for the quarter, which included a five-year partnership with Porsche AG and the acquisition of MHP Management- und IT-Beratung GmbH.
As of October 14, 2026, the company declared a dividend of ₹12 per share, with payments scheduled for October 30, 2026. With 598,056 employees, TCS reported a trailing twelve-month (LTM) attrition rate of 13.3% in IT Services. The company's CEO and Managing Director, K. Krithivasan, expressed satisfaction with the broad-based growth across international markets and industry segments.
Executive Director - President and Chief Operating Officer, Aarthi Subramanian, highlighted the strong momentum and demand for AI-native solutions.
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